SECAUCUS, NJ-The second IRS lien filed in the lat six months and a reported investigation by the New Jersey Labor Department are the latest signs of financial problems at the for-profit Meadowlands Hospital.
The IRS filed a $2.9-million tax lien against the hospital last month and the Record reports that authorities at the state labor department confirm that a probe is underway regarding possible bounced hospital employee paychecks.
In December, hospital owner MHA LLC, sold the land beneath the hospital to a real-estate investment company. The $18-million cash sale was accompanied by a 98-year leaseback for undisclosed terms. MHA paid $15 million to buy the hospital from its non-profit owner two years ago.
Bill Maer, a hospital spokesman, said on Thursday that the tax liens “have been paid or are scheduled to be paid imminently.” He characterized the disclosures as “another unbridled and recklessly false union attack on this hospital, which has some of the highest documented patient care and satisfaction scores in the region. … We see no public purpose in responding to contrived questions and false scenarios.”
Earlier in the week, the state's largest nurses union that represents approximately 300 hospital employees asked Gov. Chris Christie to appoint a state manager to oversee the 230-bed facility. See story in The Record.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.