Sponsored by VMG Health | gregk@vmghealth.com | 214.369.4888

Jersey City Medical Center CEO: Sale of Christ Hospital Would Be "Recipe for Disaster"

Jersey City (N.J.) Medical Center CEO Joseph Scott said at a city council meeting that the pending sale of Christ Hospital to Ontario, Calif.-based Prime Healthcare Services would be a "recipe for disaster" for Hudson County, according to a Jersey Journal report.

Prime Healthcare agreed to buy Christ Hospital, also in Jersey City, earlier this summer. If the sale goes through, converting Christ into a for-profit entity, there would be two non-profit hospitals left in the county.

Mr. Scott said his hospital has been negatively impacted from the recent transactions of for-profit hospital operators in the county, and his hospital would also be interested in taking over Christ Hospital, according to the report.

Roughly two weeks ago, it was reported that Prime Healthcare asked its purchase of Christ Hospital be expedited so it could clear by Dec. 31.

Related Articles on Christ Hospital Sale:

Prime Healthcare Requested Expedited Approval for Sale of Christ Hospital
Hospital and Health System Transactions (October 2011)
California's Prime Healthcare Services to Buy New Jersey's Christ Hospital

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months