Pascack Valley Hospital in Bergen County, N.J., to close by end of

It's amazing how populations grow and become more affluent, but more and more community hospitals are closing, especially this hospital located in a very affluent area. Is it not getting enough back from insurance, or poor financial managment? Patient census low? Why?

Pascack Valley Hospital also provides the Paramedics for the VAC's in the area of the hospital, which butts up against Rockland County. Does anyone know who may take that over?

Pascack Valley Hospital in Bergen County, N.J., to close by end of
year
By JANE LERNERTHE JOURNAL NEWS
(Original publication: September 20,
2007)

Pascack Valley Hospital will close its doors for good by the end of the
year, Vice President John Corcoran said this afternoon.

The hospital has lost $50 million over the past four years and had a
projected loss of more than $16 million for 2007. It had been in negotiations to
merge with Hackensack University Medical Center, but those talks fell
through.

Read more about this story tomorrow in The Journal News.