Thursday, February 2, 2012

Breaking news - Hospital authorizes bankruptcy


February 2, 2012

As a result of Prime Healthcare's withdrawal from the purchase asset agreement with Christ Hospital, a full hospital board meeting took place on Wednesday, February 1st.

At this meeting the Board of Trustees of Christ Hospital unanimously approved authorizing the filing Chapter 11 reorganization — if necessary — in order to maintain financial stability and to preserve its commitment to its patients.

A reorganization would ensure that Christ Hospital continues to serve the community as an acute care facility here in Hudson County.

The people of Hudson County should know Christ Hospital will continue to fulfill its mission as a community healthcare provider. Christ Hospital has been a central part of Hudson County for nearly 140 years. Although the hospital faces significant financial challenges moving forward, its doors remain open to care for its patients.

1 comment:

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