The Hoboken University Medical Center loses about $1MM a month.  The Foundation raises only about $1MM a year and in 2010 only 1.6% went to cover the Hospital's losses. 

The Hoboken taxpayer is on the hook for a $52MM bond plus current payroll in the event that the Hospital goes bankrupt. 

The Hoboken University Medical Center board has negotiated a good deal with Bayonne Medical Center to sell the hospital and relieve the taxpayer of this looming debt.  The deal requires that Bayonne maintain the emergency room for at least 7 years.  The rest of the building will be used as they see fit within Hoboken's zoning laws. 

Unions, employees and their families don't want Hoboken to sell the hospital because the lack of efficiency will most certainly be weeded out after the sale.  There is no way that any operation can live in perpetuity at a lose so change is certain with the sale. 

Show your support for the decision to sell the hospital so that all of the staff at the Hospital know this is the will of the people. 

I am asking for name, address, email and comments.  Only your comments will show not your address or email address.  I am asking for this so that I can check your name against a directory to eliminate prank signers. 

Please forward this to all you know who care about Hoboken's tax rate.

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