New Jersey state officials have said the pending sale of Christ Hospital in Jersey City to Prime Healthcare Services, a for-profit company based in Ontario, Calif., will not be complete by 2012, according to a report from The Jersey Journal.
The proposed sale was first announced this past summer. Prime had told Christ Hospital CEO Peter Kelly that it wanted the sale expedited and completed by 2012 or it could “terminate” the agreement.
State Deputy Attorney General Jay A. Ganzman has written a letter in which he said the sale will not be completed before the end of the year. City Clerk Robert Byrne is also opposed to an expedited sale.
A Christ Hospital spokesperson has indicated that the expedited deadline was an “internal goal” for the hospital. Whether it is met does not affect the sale, according to the report.
Related Articles on Hospital Sales:
HCA Sells Palmyra to Phoebe Putney for $198M
CHS to Acquire MetroSouth Medical Center in Illinois
County Judge Approves Sale of Moses Taylor in Pennsylvania to CHS
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
