Over the past two years, Bayonne (N.J.) Medical Center — a hospital that was recently turned into a for-profit and is involved in a potential purchase of Hoboken (N.J.) University Medical Center — has spent more than $350,000 on lobbying and political campaigns, according to a Star-Ledger report.
Records show BMC paid lobbying firm Rosemont Associates to convince state legislative budget committees to support an $11 million earmark to ease the sale of HUMC, according to the report. The owners of BMC currently want to buy HUMC for $65 million and convert it to a for-profit hospital. The $11 million in side funds would pay off the interest on HUMC's bonds.
The BMC ownership group has also made numerous political contributions to New Jersey's Democratic lawmakers, totaling more than $100,000 since 2008, the report said.
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Records show BMC paid lobbying firm Rosemont Associates to convince state legislative budget committees to support an $11 million earmark to ease the sale of HUMC, according to the report. The owners of BMC currently want to buy HUMC for $65 million and convert it to a for-profit hospital. The $11 million in side funds would pay off the interest on HUMC's bonds.
The BMC ownership group has also made numerous political contributions to New Jersey's Democratic lawmakers, totaling more than $100,000 since 2008, the report said.
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