A Moody's Investor's Services report has predicted that the high volume of merger and acquisition activity in the New Jersey area will continue, according to a Star-Ledger report.
Within the past week, five New Jersey hospitals have announced mergers or sales. Moody's report cites proximity to New York and Philadelphia as a reason for the high consolidations. High hospital competition, along with federal healthcare reforms, puts pressure on the struggling New Jersey market, according to the report.
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Within the past week, five New Jersey hospitals have announced mergers or sales. Moody's report cites proximity to New York and Philadelphia as a reason for the high consolidations. High hospital competition, along with federal healthcare reforms, puts pressure on the struggling New Jersey market, according to the report.
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