HUMC awarded Pascack license ; Nearby hospitals seek to stall move
The Record, Bergen County, NJ › June 15, 2009
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Summary
The license of the former Pascack Valley Hospital will go to Hackensack University Medical Center, a federal bankruptcy court judge ruled Thursday.
Hackensack will pay the bankrupt hospital's estate $850,000, under the agreement approved by Judge Rosemary Gambardella. The money will go to The Bank of New York Mellon, Pascack's largest creditor.See the full content of this document
Extract
HUMC awarded Pascack license ; Nearby hospitals seek to stall move
The Valley Hospital in Ridgewood had offered more than $2 million to buy the license and kill it, but that ...
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