CarePoint Health released a financial impact study covering four years showing that the hospital network has had a $750 million positive impact on the state.
A review and projection over a four year period starting in 2014, the report shows the impact of employee wages and capital investments.
The study conducted by the Bloustein School of Planning and Public Policy at Rutgers gave a snapshot how well Bayonne Medical Center, Hoboken University Medical Center and Christ Hospital in Jersey City are doing as compared to where they were before CarePoint took them over. All three hospitals had gone into bankruptcy prior to CarePoint taking ownership.
CarePoint has $750 M impact on state
