Comment on Offer for Newark medical center gets slashed, leaving NJ taxpayers to foot huge bill

Offer for Newark medical center gets slashed, leaving NJ taxpayers to foot huge bill

The for-profit hospital chain Prime Healthcare Services slashed its offer to $50 million, then to $43 million in January after analyzing Saint Michael's operations and unpaid bills, according to documents under review at the state Attorney General's Office, which must approve the sale.

 

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