Back to reality: HUH?
Councilwoman Beth Mason asks some questions of the Hoboken University Hospital regarding cash flow and finances. We’ve edited this down to less than five minutes. Some of the latter exchanges were somewhat testy but not central to the discussion. What’s important is the financial snapshot of the hospital’s operating liquidity. What you learn is that on the day of this report, the hospital still had in the ballpark of six figures, $150,000. Not much better than the cash balance reported earlier of $94,000. This is the reality they and we as Hoboken residents are up against and illustrates how tight things are at the hospital.