Christ Hospital CEO Peter Kelly has said Prime took away its bid out of respect for community members, as many had voiced opposition to a for-profit takeover. He denied that Prime withdrew because of a California investigation into the system and alleged Medicare fraud.
Mr. Kelly did not disclose the next steps for the hospital, saying that is “a very good question,” according to the report.
The hospital isn’t at a loss for potential partners, however. Last week, Jersey Medical Center in partnership with Community Healthcare Associates made a $104 million bid for Christ Hospital.
Related Articles on Christ Hospital:
Jersey City Medical Center Bids $104M for Christ Hospital
Christ Hospital Rejects $91.6M Bid From NJ’s Hudson Hospital Holdco
NJ State Officials Won’t Expedite Sale of Christ Hospital to Prime
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
