Hospital files for bankruptcy after Prime deal falls through

New Jersey's Christ Hospital filed for Chapter 11 bankruptcy this week after California-based Prime Healthcare pulled out of the purchase deal because of opposition from the community, NJ Spotlight reported. The safety-net hospital's bankruptcy now renews talks about consolidating services with Bayonne Medical Center and Jersey City Medical Center to save money. Bayonne and Jersey City, also safety nets, made preliminary offers for Christ Hospital while Prime's offer was under state review. Likewise, Community Healthcare Associates had made a tentative proposal to buy Christ Hospital for $104 million.

Regional consolidation of clinical services could benefit the hospitals and the patients, according to Jersey City Medical Center Chief Executive Joseph Scott. "I think we have to make some sense of what is going on in healthcare in Hudson County. I think you can do that by looking at some efficiencies that can be gained," he said. Article

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