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By LINDY WASHBURN, STAFF WRITER A private equity firm wants to invest $80 million to reopen Pascack Valley Hospital in Westwood as a 128-bed community hospital in partnership with Hackensack University Medical Center. Legacy Hospital Partners Inc.
Hackensack University Medical Center (HUMC) announced that an application has been filed with the state Department of Health and Human Services for a Certificate of Need allowing for the transfer of ownership of all of the former Pascack Valley Hospital licenses to a joint venture to be formed by HUMC and Legacy Hospital Partners, Inc.
PLANO, Texas, Jan. 21 /PRNewswire/ -- Legacy Hospital Partners, Inc. (Legacy), a privately held hospital company that will own, operate and manage acute care hospitals in small cities and in select urban markets throughout the United States, commenced business today.