County Takes Step Towards Sale Of Runnells

NJTODAY.NET's online business directory

UNION COUNTY – The freeholder board passed a resolution at its last meeting directing the Union County Improvement Authority to begin marketing Runnells Specialized Hospital, according to a Union News Daily report.

The 300-bed facility in Berkeley Heights operates at a deficit caused by declining federal Medicaid and Medicare reimbursement rates, according to the report, forcing county taxpayers to subsidize costs. The sale of the hospital could generate as much as $25.8 million and add additional tax revenue, the report said.


Connect with NJTODAY.NET


Join NJTODAY.NET's free Email List to receive occasional updates delivered right to your email address!
Email ads@njtoday.net for advertising information Send stuff to NJTODAY.NET Like Us On Facebook Follow Us On Twitter Download this week's issue of NJTODAY.NET

Leave a Reply