New Jersey Hospitals Battle Healthcare Cash Flow Crisis

As a result of the faltering healthcare cash flow crisis, the Garden State will bid farewell to Muhlenberg Regional Medical Center later this year.  The Plainfield, NJ-hospital has lost $16.8 million last year and will lose another $18 million before closing its doors this year.

The huge growth in uninsured patients, underfunding of Medicaid and Medicare and the New Jersey’s budget cuts are just some of the reasons why Muhlenberg Medical Center has become the 36th hospital in the state to close its doors in the last 15 years.

Click here to read the entire Washington Post article: Without Funds, NJ Hospitals Face Crisis.

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