Independent NJ hospital in merger talks with hospital system
ELIZABETH, N.J. (AP) — A New Jersey Catholic hospital is discussing plans to merge with one of the state’s largest hospital systems.
NJ.com reports RWJBarnabas Health and Trinitas Regional Medical Center in Elizabeth have signed an agreement to explore and research a potential merger between the two entities. RWJB Health CEO Barry Ostrowsky says he expects a decision on the matter to be reached within the next three months.
RWJBarnabas Health is a $5.4 billion not-for-profit network of 11 acute care hospitals and the product of a large merger between Robert Wood Johnson University Health and Barnabas Health in 2016.
Trinitas CEO Gary Horan declined to comment on ongoing negotiations, saying the hospital will evaluate all opportunities that may benefit the hospital community.
Information from: NJ.com, http://www.nj.com