In the last 18 months, acute care hospitals Passaic Beth Israel Regional Medical Center, Union Hospital, Pascack Valley Hospital, and Barnert Hospital have closed. Greenville Hospital, Columbus Hospital, and St. James Hospital will close.
Muhlenberg Regional Medical Center recently announced that it is planning to close its acute care hospital facility by the end of the summer. Some of Muhlenbergs services will remain, including a satellite ED, home care, and the School of Nursing. Five other hospitals have filed for bankruptcy protection and half of the 78 remaining N.J. hospitals are losing money.
A final report by the Governors Commission on Rationalizing Healthcare Resources was recently released at a press conference at Princeton Universitys Woodrow Wilson School of Public and International Affairs. The 200-page report followed a yearlong study and identified six major causes of the industrys poor financial health and some specific recommendations.
The full report is available on the DHSS website at: www.nj.gov/health/rhc/index.shtml.