PASSAIC For PBI Regional Medical Center, the red ink continues to flow since Passaic Beth Israel Hospital's 2004 purchase of The General Hospital Center at Passaic. Between 2000 and 2003, Passaic Beth Israel consistently lost operating revenues, from $5.4 million to $3.6 million. The year after the merger, the new entity lost $22.4 million in 2004, according to the hospital's financial audits.
PBI has been on shaky financial ground since Passaic Beth Israel Hospital bought the General Hospital Center at Passaic in 2004 to form PBI Regional Medical Center. "Since the merger the hospital hasn't been able to be profitable at all," says Hank Wells, interim chief executive at PBl. "Over the past year there's been significant declines in patient admissions as more and more minor surgeries are done at ambulatory surgery centers.
Passaic Beth Israel Regional Medical Center announced Wednesday that it is for sale, conceding that its two-year merger with The General Hospital Center at Passaic has failed to attract new patients and stop financial losses. The board of trustees voted on Tuesday to seek a buyer for the struggling institution - a buyer with the deep pockets to invest in new technology and programs, as well as a commitment to provide care for the city's poor and uninsured.
PASSAIC - State officials praise Passaic Beth Israel's takeover of the General Hospital Center at Passaic for a smooth transition and said patient safety was never compromised. But union leaders characterize the transition as unnecessarily chaotic, with not enough state oversight. The day Atlantic walked out and Beth Israel walked in was like an earthquake hit," said Anne Rohe, president of the nurses union at the new hospital - PBI Regional Medical Center. Passaic Beth Israel purchased the hospital from Atlantic Health System for $35 million and began moving services there on Dec. 31.
Marlene H. Lubinger of Ridgewood has been appointed president of the Robert Wood Johnson University Hospital Foundation, Rahway, replacing Alex Kudron. Most recently, Lubinger was executive director and chief development officer with The General Hospital Center at Passaic Foundation. She also was foundation president and vice president of development and community relations at Wayne General Hospital. Bauer Publishing USA's celebrity weekly magazine, In Touch Weekly, Englewood Cliffs, has named Robert Davidowitz publisher. He was formerly group publisher of Rodale's Sports Group. Davidowitz, who has 15 years' experience in publishing, also was group publisher of Primedia's American Baby Group, where he was responsible for sales and operations of 18 properties representing $80 million in ...
PASSAIC -- Detective Milton Figueroa's first homicide case was a puzzle whose final piece fell into place after more than eight frustrating years. On Thursday, police announced the arrest of a man charged with the Oct. 13, 2001, shooting of 18-year-old Wilfredo Martinez of Passaic on Howe Avenue.
...Martinez was pronounced dead at The General Hospital Center at Passaic. Police Chief Daniel Pa...
Douglas A. Duchak of Mahwah is now acting president and chief executive officer of Englewood Hospital and Medical Center. He replaces Daniel A. Kane, who has taken a leave of absence. With the hospital since 1991, Duchak had been senior vice president for financial and administrative services and, before that, was chief financial officer. Over the course of 20 years he has been an executive for Robert Wood Johnson University Hospital, General Hospital Center at Passaic, Pascack Valley Hospital, and The Valley Hospital.
Included in the system are St. Joseph's Regional Medical Center, a 792-bed tertiary medical center, St. Joseph's Children's Hospital, a 120-bed state designated full-service children's hospital, St. Josephs Wayne Hospital, a 229-bed acute care hospital and St. Vincent's Nursing Home in Cedar Grove. In addition, there is a family health center in Paterson and additional off-sites in Paterson, Wayne, Fairfield, and Rochelle Park, New Jersey.
... and urban population in Bergen and Passaic counties. The hospital offers state-of-the-art tec... Beth Israel Hospital (PBIH) with The General Hospital Center at Passaic (GHCP) occurred in 2003...
PASSAIC -- St. Mary's Hospital in Passaic has reached an agreement with a Brooklyn-based realty company to sell its Pennington Avenue complex. The hospital, which emerged from bankruptcy protection last year, reached a deal on Monday with D & M Realty of Brooklyn, a hospital spokeswoman said. Terms of the sale were not disclosed.
... moved to the grounds of what was once The General Hospital Center at Passaic, located on the Bouleva...
The shakeout that led to the shutdown of two well-loved North Jersey hospitals due to bankruptcy just keeps going. The outlook is grim: Three hospitals in the state have already announced plans to close this year. Half of New Jersey's hospitals are losing money, so additional bankruptcies and closures are expected.
..., 19 hospitals including Barnert, The General Hospital Center at Passaic and PBI Regional Medica...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
Jan Snyder | Soudronic Ltd | Pero el Gobierno | wrongful discharge claim | A M S Ltd | salud en el trabajo imss | chasselay 38 | Rectificación de los Registros del Estado Civil | gaceta miranda
