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Adventist Healthcare to Divest its New Jersey Hospital
Story by Adventist HealthCare Staff
Adventist HealthCare (AHC), which is based in Gaithersburg, Md., today announced plans to sell their 111-bed, New Jersey-based Hackettstown Regional Medical Center to Atlantic Health System. AHC officials noted that the transaction is subject to state regulatory review and could take several months.
“This decision was not an easy one for our organization because Hackettstown has been a valued member of Adventist HealthCare,” said William G. “Bill” Robertson, AHC’s president and CEO. “However, because of the changing healthcare market in New Jersey, discussions began a few years ago about the best step to continue to ensure a strong future for the hospital and the community it serves. It was decided that by partnering with a health system in its region, Hackettstown would be in a better position to serve its community and receive help with future growth opportunities.”
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