Reader says interesting that Valley is now refusing to answer questions about its business model

Reader says interesting that Valley is now refusing to answer questions about its business model

I find it interesting that Valley is now refusing to answer questions about its business model when understanding Valley’s business model is critical to the Planning Board’s ability to render an informed decision on the Master Plan.

If Valley is only adding 3 beds, then how exactly do they plan to recoup their $750 million investment? They can’t publicly say that they’ll increase outpatient services since resulting increase in traffic would overwhelm municipal infrastructure. It would be difficult even for Valley to find a traffic expert to testify that there would be no negative impact with this strategy.

Is the $750 million investment necessary to keep pace with Hackensack which has already won the battle over Pascack and has a 5 year head start in the modernization race? What if Valley’s 2012 assertion that Bergen County can’t support another hospital was right? $750 million starts to look like a huge gamble and the Planning Board should absolutely understand the risks associated with it.

It seems (again) like Valley is hiding something. Good for the Mayor for asking tough questions – let’s just hope he follows through and is not just grandstanding.