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In major twist, CarePoint announces plan to sell Hoboken, Jersey City hospitals to California investment group Updated Dec 31, 2020; Posted Dec 31, 2020 CarePoint Health - Christ Hospital in Jersey City. (Reena Rose Sibayan | The Jersey Journal)Reena Rose Sibayan | The Jersey Journal Facebook Share A new player has entered the contest for Hudson county’s CarePoint Health hospitals. California-based investment group KPC Global Management has signed a letter of intent with CarePoint Health to purchase the operations of Hoboken University Medical Center and Christ Hospital in Jersey City, the two entities announced Wednesday. The announcement is the latest twist in the years-long saga of Hudson County’s three CarePoint hospitals, and could herald the arrival of a major new player in the dizzying tug-of-war over the hospitals. ....
Hudson County View By John Heinis/Hudson County View “On behalf of our staff, I am very proud of the reputation we have established at Hudson Regional Hospital as its high-quality acute care facility during our three years of operation,” HRH President and CEO Dr. Nizar Kifaieh said in a statement. “The voluntary dismissal of the claim by GEICO against HRH and Premier Anesthesia was a logical resolution and a testament to our standing in the community.” Back in September, HRH and BMC Hospital LLC, both of which are aiming to take over the Bayonne Medical Center from CarePoint Health, took aim at the opposition over pending litigation with Geico. ....
GEICO Lawsuit Against Hudson Regional Hospital Dismissed Affiliates and individuals also dismissed News provided by Share this article Share this article SECAUCUS, N.J., Dec. 22, 2020 /PRNewswire/ A lawsuit filed by GEICO insurance related to billing practices at healthcare entities associated with Hudson Regional Hospital and its owner Yan Moshe has been dismissed (Eastern District Federal Court Docket # 20cv01098). Claims were dismissed against all the parties named in the suit, including: Hudson Regional Hospital CitiMed We are pleased with this voluntary dismissal by GEICO, says Yan Moshe, Chairman of Hudson Regional. This represents the beginning to a transparent and highly functional relationship that focuses on access to high quality medical care to the millions of GEICO- insured patients in New York and New Jersey. ....