Prior to 2001, all New Jersey acute care hospitals were owned by not-for-profit entities. Today, five New Jersey hospitals are owned by for-profit entities and there are at least five additional hospital transactions pending with for-profit entities. All of the pending transactions involve a partnership between the existing not-for-profit hospital with a for-profit partner as the managing entity and source of capital.
Most New Jersey hospitals are evaluating their strategic options regarding merging or integrating their organization with other New Jersey or regional health care providers to increase their regional market share and integrate the cost of managing services.
Nearly all hospitals are involved in the evaluation of all aspects of their operation by outside experts to insure maximum efficiency.
Post acute providers are under increased scrutiny to more effectively manage their admissions and discharges. At the same time, post acute providers are also seeing a dramatic increase in the acuity level of patients in their facilities, resulting in more frequent re-admissions to area hospitals.
Most New Jersey hospitals are evaluating their strategic options regarding merging or integrating their organization with other New Jersey or regional health care providers to increase their regional market share and integrate the cost of managing services.
Nearly all hospitals are involved in the evaluation of all aspects of their operation by outside experts to insure maximum efficiency.
Post acute providers are under increased scrutiny to more effectively manage their admissions and discharges. At the same time, post acute providers are also seeing a dramatic increase in the acuity level of patients in their facilities, resulting in more frequent re-admissions to area hospitals.