The needler in the haystack.

Thursday, October 13, 2016

JFK Medical Center for sale

Rose of Sharon Pastor M. LaVerne Ball was among Muhlenberg
supporters at Ma7 2008 hearing at PHS Auditorium.

JFK Medical Center, which closed
Plainfield's Muhlenberg Regional Medical Center in 2008, is looking for a buyer, according to a report in the Ledger (see here).

The 498-bed JFK covers Edison plus the former Muhlenberg's service area in Union, Middlesex and Somerset counties.

It is one of the last independent hospitals in New Jersey, and is falling victim to cost pressures in the healthcare sector arising from reduced payments to hospitals as a result of Obamacare.

Prospective buyers include New Jersey's three largest healthcare systems -- RWJ Barnabas, Hackensack Meridian, and Atlantic Healthcare.

Though JFK's long term outlook as an independent hospital has been rumored to be bleak for years, the move still comes as something of a surprise.

It is not clear how or whether this new situation will affect the redevelopment of the Muhlenberg campus, which will depend on a sale of the property by JFK (or its successor) to a developer.

  -- Dan Damon [follow]

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