The hospital indicated last November that it would be forced to close if it didn’t receive the $5 million in loans from private lenders. It has abandoned its community loan drive and paid lenders back, but will remain open as it tries to negotiate a partnership or possible merger.
The hospital’s interim CEO, Jim Rossi, said William B. Kessler is exploring options over the next few weeks, and has several talks scheduled with different southern New Jersey hospitals, according to the report.
Read the Press of Atlantic City’s report on efforts for a William B. Kessler partnership.
