Hudson Regional Hospital has officially taken control of Hudson County’s struggling CarePoint Health System, establishing a new, countywide health network.
On Friday, a federal bankruptcy court judge confirmed CarePoint’s plan to exit bankruptcy and hand over control of its three hospitals ― Christ Hospital in Jersey City, Bayonne Medical Center and Hoboken University Medical Center — to Hudson Regional, according to a press release.
The management agreement makes Hudson Regional the official owner and operator of all three CarePoint hospitals, which were on the brink of closing after accumulating massive debt. Hudson Regional has owned the Bayonne Medical Center property since July 2020.
“This is a threshold moment for Hudson…