The city of Hoboken, N.J., has received proposals from companies interested in buying Hoboken University Medical Center, a 364-bed facility owned by the city, according to a news release.
On Oct. 8, Mayor Dawn Zimmer and Hoboken Municipal Authority Chairwoman Toni Tomarazzo announced a series of meetings for stakeholders to offer input to the Authority Board, which is evaluating the proposals. The Authority Board was developed to identify the essential clinical and diagnostic services that must continue at HUMC.
Earlier in the year, Ms. Zimmer and the Hoboken municipal hospital authority determined the hospital's privatization will relieve Hoboken of $52 million in municipal bonds. They also said the privatization will prepare HUMC for a competitive hospital marketplace and the impacts of recent healthcare reform legislation, according to the release.
Read the release on Hoboken University Medical Center.
Read more about New Jersey hospitals:
-New Jersey’s Meridian Health Merges With Bayshore Community Hospital
-South Jersey Healthcare Opening $12M Cancer Pavilion
-New Jersey Tax Court Rules Morristown Memorial Should Pay Some Taxes
On Oct. 8, Mayor Dawn Zimmer and Hoboken Municipal Authority Chairwoman Toni Tomarazzo announced a series of meetings for stakeholders to offer input to the Authority Board, which is evaluating the proposals. The Authority Board was developed to identify the essential clinical and diagnostic services that must continue at HUMC.
Earlier in the year, Ms. Zimmer and the Hoboken municipal hospital authority determined the hospital's privatization will relieve Hoboken of $52 million in municipal bonds. They also said the privatization will prepare HUMC for a competitive hospital marketplace and the impacts of recent healthcare reform legislation, according to the release.
Read the release on Hoboken University Medical Center.
Read more about New Jersey hospitals:
-New Jersey’s Meridian Health Merges With Bayshore Community Hospital
-South Jersey Healthcare Opening $12M Cancer Pavilion
-New Jersey Tax Court Rules Morristown Memorial Should Pay Some Taxes