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Jersey City Medical Center offers to buy Christ Hospital for $104M

The Jersey Journal, January 27, 2012

The Jersey City Medical Center is offering $104 million to buy nearby Christ Hospital, a facility that is working to be taken over by a for-profit healthcare company. The JCMC, which is partnering with Community Healthcare Associates in the bid, would keep Christ Hospital as a non-profit acute care facility for at least 30 years and maintain the existing unions, according to a statement released this morning.