Bayonne (N.J.) Medical Center has filed for bankruptcy protection, officials at the New Jersey Department of Health and Senior Services said today.
Health department spokesman Tom Slater said state health officials were aware of 253-bed Bayonnes precarious financial state and had been consulting with hospital officials.
Bayonne Medical Center officials reportedly planned to announce details of the petition to reorganize at an early afternoon news conference, according to the Associated Press. On Jan. 1, as part of a bankruptcy reorganization plan at St. Vincent Catholic Medical Centers in New York, Bayonne acquired 387-bed St. Vincents Hospital, Staten Island.
The $27.5 million sale included the assumption of $12.5 million in fixed liabilities. At deadline, Bayonne officials had not responded to a request for an interview. -- by Cinda Becker