Ontario, Calif.-based hospital chain Prime Healthcare Services offered to invest nearly $44 million into upgrades of St. Mary's Hospital in Passaic, N.J., if regulators approve its acquisition of the hospital, according to a report by The Record.
Among the proposed upgrades were $19 million to technology and electronic health records systems, more than $5 million on radiology services and $4.2 million on elevators, according to the report. Those investments would be in addition to the $25 million the for-profit chain offered to pay for St. Mary's, which is $39 million in debt, according to the report.
Labor unions representing St. Mary's and St. Michael's Medical Center in Newark, N.J., hope to block Prime's purchase, as they did successfully last year against the sale of Christ Hospital in Jersey City, N.J. to Prime.
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Among the proposed upgrades were $19 million to technology and electronic health records systems, more than $5 million on radiology services and $4.2 million on elevators, according to the report. Those investments would be in addition to the $25 million the for-profit chain offered to pay for St. Mary's, which is $39 million in debt, according to the report.
Labor unions representing St. Mary's and St. Michael's Medical Center in Newark, N.J., hope to block Prime's purchase, as they did successfully last year against the sale of Christ Hospital in Jersey City, N.J. to Prime.
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