Prime Healthcare Loses Bid To Block Hospital Sale To Rival

Law360, New York (December 9, 2013, 6:30 PM EST) -- A New Jersey bankruptcy judge last week dealt a blow to Prime Healthcare Services Inc., upholding the sale of a bankrupt hospital and dismissing Prime’s lawsuit against the purchaser, which Prime said conspired to box the company out of the New Jersey hospital market.

U.S. District Court Judge Morris Stern filed an opinion and order Dec. 3 ruling in favor of CarePoint Health, formerly known as Hudson Hospital Holdco LLC, and upholding CarePoint’s purchase of Jersey City, N.J.’s Christ Hospital. Judge Stern dismissed a suit from...
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