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Democratic lawmakers push bill requiring for-profit hospitals to post financial records to aid unions

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Democratic lawmakers push bill requiring for-profit hospitals to post financial records to aid unions 
Monday, June 25, 2012, 5:40 PM Updated: Monday, June 25, 2012, 5:44 PM
By Susan K. Livio/Statehouse Bureau

TRENTON — As the number of for-profit hospitals continues to grow in New Jersey, a bill that would require they publicly disclose information about their investors, audits and other financial records won final legislative passage today.

The bill skipped the customary committee hearing in the Assembly and was posted on the floor for a 49-22 vote with five abstentions.

The bill (A2143) passed the Senate in March and now heads to Gov. Chris Christie, who will decide whether to sign it.

Senate Majority Leader Loretta Weinberg (D-Bergen) has said she sponsored the bill to make the growing number of for-profit hospitals more accountable, as they clashed with labor unions and in some cases dropped contracts with managed care plans.

https://www.nj.com/news/index.ssf/2012/06/nj_lawmakers_approve_bill_requ_1.html

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