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Legacy Hospital Partners, Inc. and Hackensack University Medical Center
Hackensack University Medical Center Files Application for Transfer of Ownership of Former Pascack Valley Hospital Licenses
September 7th, 2008
Hackensack University Medical Center (HUMC) announced that an application has been filed with the state Department of Health and Human Services for a Certificate of Need allowing for the transfer of ownership of all of the former Pascack Valley Hospital licenses to a joint venture to be formed by HUMC and Legacy Hospital Partners, Inc. (LHP). Pending the transfer, the new entity, Hackensack University Medical Center North at Pascack Valley (HUMC North at PV), will be permitted to operate and maintain all types of hospital beds and licensed services formerly provided by Pascack Valley Hospital. This joint venture will enable needed acute care services to become available to the greater...
Source: Pharma Investments, Ventures & Law Weekly (2008-09-07)
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