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New Jersey: Commonwealth Fund state performance ranking (2007): 26.(State Report)

Publication: Managed Healthcare Executive
Publication Date: 01-MAR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW JERSEY hospitals are facing financial pressures with no state relief in sight. Five hospitals have filed for bankruptcy in the past year and a half, and 18 hospitals have closed since 1992. Providing charity care to uninsured patients cost New Jersey hospitals $1.3 billion last year, but...

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...they received just $716 million in reimbursement.

New Jersey needs an early warning system so it can identify acute-care hospitals in financial distress and intervene...

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