Rutgers submitted a joint proposal with Paramus, N.J.-based Care Plus New Jersey, an outpatient mental healthcare provider. Details of the proposal have not been disclosed.
Other bidders have demonstrated interest in managing the facility, including three individuals who currently serve as principals of Bergen Regional Medical Center LP, the current hospital operator.
Five New Jersey hospitals have also submitted management proposals, including: Hackensack University Medical Center, Teaneck-based Holy Name Medical Center, Englewood Hospital and Medical Center, Ridgewood-based Valley Health System and Wyckoff-based Christian Health Care Center.
The Bergen County Hospital Authority, an 11-member panel created by Gov. Chris Christie in September, will be responsible for selecting the next hospital operator by the end of the year, according to the article.
More articles on transactions and valuations:
This week’s 3 most-read transactions and valuations stories
FTC finds ‘substantial risk’ in Wellmont, MSHA merger
4 recent hospital transactions and partnerships
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
