Hospitals awarded stabilization funds

Ten state hospitals will share $30 million in stabilization grants, the state health department announced today.

The financially troubled hospitals were awarded the money in an effort to maintain health care access in communities where service is at risk.

“Stabilization funding provides critical support to health care facilities to ensure that access to vital services can be maintained in a community when its health care facilities are in distress,’’ said Health and Senior Services Commissioner Dr. Poonam Alaigh.  “This funding demonstrates Governor Chris Christie’s ongoing commitment to strengthen the health care safety net for New Jersey residents.’’

The 10 Hospitals awarded grant money are:

Christ Hospital                                         $7 Million

East Orange General Hospital                 $3 million

Hoboken Municipal Hospital Authority     $4.1 million

Jersey City Medical Center                      $3 million

Kimball Medical Center                            $1.2 million

Our Lady of Lourdes Health Foundation $1.2 million

Raritan Bay Medical Center                     $4 million

St. Mary’s Hospital of Passaic                 $3.3 million

St. Clare’s Hospital                                 $1.8 million

Trinitas Regional Medical Center             $1.2 million

Hospitals were evaluated for grant awards based on the following criteria:

  • Health care facilities faced closure or significant reduction of services
  • Impact of updating Medicaid inpatient rates
  • Extraordinary circumstances threatened access to essential health care services for residents in a community
  • The population and community served
  • Plans are appropriate to stabilize access and availability of services to the target population
  • Activities proposed are measurable and include a reasonable time frame for outcomes to be achieved
  • The health care facility has demonstrated efforts to make efficiencies and improve facility management and governance
  • Project must be appropriate and incorporate a comprehensive budget narrative
  • A description of how services will be sustained after the grant funding ends

Grant recipients will be required to submit an audit to ensure that grant money is spent in accordance with the conditions imposed upon the award of the money.

Hospitals awarded stabilization funds