August 14, 2020
Hudson Regional Hospital (HRH) has closed on its $76-million purchase of the land under Bayonne Medical Center and resubmitted a competitive binding offer with proof of funds to purchase the hospital operations from its current operator, CarePoint Health, which reportedly is dissolving its operations.
“HRH is the natural next operator of Bayonne Medical Center, and we look forward to a response from CarePoint to our offer,” said Dr. Nizar Kifaieh, CEO of HRH. “HRH has an exemplary record with the New Jersey Department of Health and with this acquisition is well-positioned to create a premier network of acute care facilities in Hudson County.”
HRH is also under contract to acquire the Hoboken University Medical Center real estate which is currently operated by CarePoint. Carepoint has previously received a proposal from HRH to acquire the Hoboken University Medical Center operations as well.
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