State approves controversial sale of Hoboken hospital

TRENTON – The state Department of Health and Senior Services issued the “certificate of need” to give final approval for the much-debated sale of city-owned Hoboken University Medical Center to the for-profit owners of Bayonne Medical Center.

The approval transfers ownership of the midtown facilities, 344 bed licenses, and the off-site ambulatory care facility from HUMC to HUMC Holdco, the limited liability corporation set up by the BMC owners.

“The applicant (Holdco) does not intend to downsize services or reduce availability to any service currently provided at HUMC,” according to the letter issued by DHSS Commissioner Mary O’Dowd today. “The applicant and the seller both believe the successful completion of this transfer of ownership will preserve the current level of health care services in the area.”

The State Health Planning Board recommended approval of the sale in August.

O’Dowd’s letter is attached below.

State approves controversial sale of Hoboken hospital