A U.S. Bankruptcy Court judge approved Jersey City, N.J.-based CarePoint Health’s restructuring plan on Jan. 23 after the system sought Chapter 11 protection Nov. 3, a spokesperson for the system confirmed with Becker’s. CarePoint comprises Bayonne (N.J.) Medical Center, Jersey City, N.J.-based Christ Hospital and Hoboken (N.J.) University Medical Center. Hudson Regional Hospital in Secaucus, N.J. owns Bayonne Medical Center. CarePoint shared plans in late October to affiliate with the hospital under management services organization Hudson Health System, which will acquire CarePoint’s other two properties under a partnership agreement.
Read the full article: Judge OKs Carepoint’s Restructuring Plan //
Source: https://www.beckershospitalreview.com/finance/judge-oks-carepoints-restructuring-plan.html