The idea has been whole-hearted endorsed and embraced by People for Progress (POP) and the surrounding clergy, who object to the Muhlenberg closure. Olive Lynch proposed the idea at the April 14 meeting of POP at the duCret School of Art.
Since Monday, the POP, citizens and community leaders we have spoken to, unanimously support the concept of citizens raising money and buying Muhlenberg hospital. An investment bank, Raymond James & Associates, has expressed interest in working with BUY MUHLENBERG, as well as several other financial institutions contacted.
Buy Muhlenberg will be officially launched at the Prayer Vigil, Saturday, April 19, at Muhlenberg. This is an opportunity for citizens of Plainfield and all surrounding townships to KEEP MUHLENBERG HOSPITAL. If we buy the hospital, no one can take it away from us. We can direct the type of care, operations and goals of the hospital -- not a big business non-profit corporation.
BUY MUHLENBERG is actively working with the doctors and nurses of Muhlenberg, to develop a team to manage a community-owned hospital; as well as develping a team of professionals on the legal and financial side.
Shares in BUY MUHLENBERG are affordable -- $20/a share. A share entities you to 1 vote. Everyone can own a piece of their community hospital and have a voice.
Below is a short prospectus for BUY MUHLENBERG
Prospectus
Purchase of Shares in
Buy Muhlenberg
Community Campaign to Purchase Muhlenberg
Subject Facility: Muhlenberg Regional Medical Center is a 396-bed acute care facility that provides inpatient and outpatient services in all major medical specialties. Other specialized services include a complete array of cardiac services (including emergency angioplasty), a Bariatric Surgery Center, Vein Center, Lithotripsy Center, Wound Care Center, hemodialysis, home care, hospice and adult medical day care. The Medical Center also shares a collaborative relationship with the Plainfield Health Center, a federally qualified community health center serving the greater Union County area.
Business Reason for Purchase: Solaris Health System, the current non-profit owner-operator of Muhlenberg Regional Medical Center, has announced its closing. Muhlenberg serves a 250,000 population and is a viable, top-notch health facility.
Given the non-responsiveness of both local and state government officials and Solaris’ inability, manipulation of financials, or lack of desire to keep the 131-old facility open; Buy Muhlenberg will provide the citizens, businesses, churches and other organizations of the surrounding adversely-impacted communities (Plainfield, Scotch Plains, Fanwood, Dunellen, Green Brook, South Plainfield, North Plainfield, Westfield, Mountainside) the mechanism to form a community-owned corporation, to raise funds to purchase and manage the hospital, so citizens of these communities will not be denied critical, timely, and readily-available acute care services.
Stakeholders: The entity formed to own and administer the hospital will be owned via “shares” in the entity. Every share in the non-profit will entitle the shareholder to a vote in the running and decision-making of the entity and entitle the shareholder to agreed-upon benefits.
Mission: The mission of the entity is the successful purchase of Muhlenberg Regional Medical Center and the successful operation of that facility to provide health care services to the surrounding communities.
Business Model: Unlike the current non-profit entity with no concern or relationship with the community, the entity running the facility will be owned and directed by the community. Therefore, everyone will have a stake and a voice in how the facility meets the needs of the community. The community recognizes that there is a segment of society that cannot afford health insurance and does not have the means to pay “full price” for health care services. The current models in place do not work and a new system must be implemented to provide services to those who can and cannot pay, without denying service to those who cannot pay and without an undue financial burden to those who can pay.
Purchase of Shares in
Buy Muhlenberg
Community Campaign to Purchase Muhlenberg
Subject Facility: Muhlenberg Regional Medical Center is a 396-bed acute care facility that provides inpatient and outpatient services in all major medical specialties. Other specialized services include a complete array of cardiac services (including emergency angioplasty), a Bariatric Surgery Center, Vein Center, Lithotripsy Center, Wound Care Center, hemodialysis, home care, hospice and adult medical day care. The Medical Center also shares a collaborative relationship with the Plainfield Health Center, a federally qualified community health center serving the greater Union County area.
Business Reason for Purchase: Solaris Health System, the current non-profit owner-operator of Muhlenberg Regional Medical Center, has announced its closing. Muhlenberg serves a 250,000 population and is a viable, top-notch health facility.
Given the non-responsiveness of both local and state government officials and Solaris’ inability, manipulation of financials, or lack of desire to keep the 131-old facility open; Buy Muhlenberg will provide the citizens, businesses, churches and other organizations of the surrounding adversely-impacted communities (Plainfield, Scotch Plains, Fanwood, Dunellen, Green Brook, South Plainfield, North Plainfield, Westfield, Mountainside) the mechanism to form a community-owned corporation, to raise funds to purchase and manage the hospital, so citizens of these communities will not be denied critical, timely, and readily-available acute care services.
Stakeholders: The entity formed to own and administer the hospital will be owned via “shares” in the entity. Every share in the non-profit will entitle the shareholder to a vote in the running and decision-making of the entity and entitle the shareholder to agreed-upon benefits.
Mission: The mission of the entity is the successful purchase of Muhlenberg Regional Medical Center and the successful operation of that facility to provide health care services to the surrounding communities.
Business Model: Unlike the current non-profit entity with no concern or relationship with the community, the entity running the facility will be owned and directed by the community. Therefore, everyone will have a stake and a voice in how the facility meets the needs of the community. The community recognizes that there is a segment of society that cannot afford health insurance and does not have the means to pay “full price” for health care services. The current models in place do not work and a new system must be implemented to provide services to those who can and cannot pay, without denying service to those who cannot pay and without an undue financial burden to those who can pay.
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