A series of takeovers by for-profit companies has exposed "profound flaws and limitations" in the Health Department's willingness to regulate the shifting hospital industry, according to a report issued today by the state's largest union representing health care workers. The report by Health Professionals and Allied Employees, a critic of for-profit hospital ownership, said New Jersey had become an attractive state to buy struggling community hospitals because it conducted "superficial" reviews of company track records and how money would be spent.
