"Long Troubled" CarePoint New Jersey Hospitals To Undergo Financial Restructuring
Posted on AllSides March 30th, 2024
From The Right
"Long Troubled" CarePoint New Jersey Hospitals To Undergo Financial Restructuring It looks like high interest rate market shocks and the commercial real estate dumpster fire have only just begun. The latest example of volatility comes from New Jersey hospital operator CarePoint Health. The operator owns three hospitals, including the 261-bed Bayonne Medical Center, as well as Hoboken University Medical Center and Christ Hospital in Jersey City, according to Bloomberg/Yahoo Finance. Michigan-based Insight has stepped in to try and help financially stabilize the network and then rebrand under the Insight name....
