WILL HOBOKEN'S HOSPITAL CLOSE? After negative council vote, Hospital Authority chair says 'another option' may exist to keep it open
Sep 22, 2011 | 1705 views | 7 7 comments | 16 16 recommendations | email to a friend | print

HOBOKEN - After conflicting information was released Wednesday about whether the sale of Hoboken University Medical Center to a private company was dead, sources said other options may exist to keep the facility open.

The Hoboken Municipal Hospital Authority, the municipal board selling the city-owned hospital, was in negotiations on Thursday morning discussing "another option" to keep the hospital open, according to sources and a published article, after the City Council voted Wednesday night against a request for $5.5 million to chip in for a bankruptcy settlement for the hospital's operator.

For the hospital to be sold, certain aspects of its finances must be in order, including those related to its recent bankruptcy.

Creditors in the bankruptcy were asking for more money from the city, and a vote against the $5.5 million would lead to a hospital shutdown, Mayor Dawn Zimmer said.

Wednesday night, after the vote, HMHA chairperson Toni Tomarazzo said the council's vote was the last chance for the hospital to survive.

But a few hours later, Tomarazzo said there may be another option to save the hospital, according to the report. The report states that Tomarazzo refused to elaborate on what new developments could save the deal.

In addition, other companies, including one in Connecticut, have said they would like to buy the hospital. Foes of Zimmer have said the deal with the current purchaser has been kept too much in the dark and have asked why other bidders weren't considered.

The parties were due back in bankruptcy court on Thursday. - Ray Smith

Comments
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InfotainMe
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September 23, 2011
It's not blame, it's credit, BobbiB. The preferred spin for your team is that the minority did the city a favor by playing politics with the hospital, 1300 jobs, a $55million bond, $35million in outstanding liabilities, and the city's bond rating. Take a bow, kids!
BobindaBoken
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September 23, 2011
westy do you read newspapers or newspaper website? i was at the meeting and went until 2:00AM. obviously rays job was to get up a story fast, saying the big news that our only hospital might close without getting so far into the politics which he can do later on . not everyone is as concerned about blame as you. ray im sure will get more into the vote politics etc later so stop the kneejerk that zimmer is paying you for.
rudyboy
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September 22, 2011
SO SORRY, WESTY...MY LAST POST WAS DIRECTED AT BATBOY. PLEASE ACCEPT MY APOLOGIES!!!
rudyboy
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September 22, 2011
Ah, Westy...you're drinking that Mason Russo Kool-Aid again. Why would you buy into Mason's fabricated B.S. which contains no hard facts.Do you not trust Toni Tamarazzo at all? Well, you and a lot of other low information blowhards just cut of your nose to spite your face...the only reason that Hoboken may lose the Hospital is the Mason-Russo whispering campaign full of ridiculous innuendo. These people are shameless, selfish jerks who could care less about the City and those residents who rely on the hospital for the lion's share of their medical needs. Shame on you, too, for buying ther clap-trap.
WESTY
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September 22, 2011
I also find Ray Smith's reporting and omitting those who voted against the bond issue.

Those who say his bias for Russo,Mason and the Old Guard comes thru in his reporting just got more amo.
batboy
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September 22, 2011
This is what happens when you leave the ethical high ground and try to get things done for your personal benefit, at any cost. Perhaps a more open honest process with good government practices would have resulted in a better outcome. I hope that the administration has learned a lesson from this.
WESTY
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September 22, 2011
One has to question why The City Council minority decided that it was more important to them to vote for a personal political victory over the Zimmer Administration than do what is in the best interests of the residents of Hoboken?

I am sure they will try to justify their despicable actions but closing down Hoboken's primary health care provider, putting 1300 people out of work and to precipitate another distractive tax increase will take a great deal of explanation.

I would support efforts to recall Castellano, Mason, Russo and Occhipinti from the City Council.