Last-minute deal saves Hammonton hospital

March 7, 2009 2:02:56 PM PST
Some 11th-hour maneuvering has saved a southern New Jersey hospital from possible closure. Officials at Hammonton's Kessler Memorial Hospital had told employees Friday that they couldn't pay them.

But later that day, they reached an agreement to sell the hospital to B. Reddy Dandolu, a cardiovascular surgeon with the University of Pennsylvania Health System.

Members of the hospital's board of directors also pledged to dig into their own pockets, if necessary, to help cover the cost of a $200,000 loan from the town to cover the payroll shortfall.

The Press of Atlantic City reports that the hospital was nearly taken over by the operators of Bayonne Medical Center before that deal fell through on Thursday.

CLICK HERE to follow Action News on Twitter

CLICK HERE to get Action News on your website

CLICK HERE to find Action News on Facebook

Click here to get the latest Philadelphia news and headlines from across the Delaware and Lehigh valleys.