Se­ton in midst of build­ing re­place­ment fa­cil­ity, and other news

Modern Healthcare - - News -

NEW YORK—

The El­iz­a­beth Se­ton Pe­di­atric Cen­ter, a long-term-care provider for chil­dren, com­pleted the steel struc­ture of a 137-bed re­place­ment fa­cil­ity. The cen­ter opted to con­struct the 165,000-square-foot build­ing to re­place a 90,000-square-foot lo­ca­tion af­ter the build­ing was sold and the cen­ter’s lease was sched­uled to ex­pire in 2012. The pe­di­atric rehabilitation and nurs­ing fa­cil­ity op­er­ates New York’s only long-term pe­di­atric ven­ti­la­tor fa­cil­ity, ac­cord­ing to the cen­ter. The cen­ter launched a $125 mil­lion cap­i­tal cam­paign to fi­nance the con­struc­tion.

NEW YORK—

A smaller share of New York work­ers were cov­ered by health in­surance from their em­ploy­ers last year as com­pared with six years ear­lier, ac­cord­ing to a sur­vey by the New York State Health Foun­da­tion. The sur­vey of a ran­dom sam­ple of 805 New York-based busi­nesses found that 58% of the com­pa­nies’ work­ers had ben­e­fits through work in 2009. In 2003, that fig­ure was 69%. The sur­vey re­lied on data from the Com­mon­wealth Fund for 2003 es­ti­mates and the 2009 em­ployer health ben­e­fits an­nual sur­vey by the Kaiser Fam­ily Foun­da­tion and Health Re­search and Ed­u­ca­tional Trust for na­tional fig­ures. The share of busi­nesses that of­fered ben­e­fits was un­changed at 70% dur­ing the same pe­riod, but fewer em­ploy­ers in 2009 than in 2003 pro­vided a choice of at least two health plans, the sur­vey found. In ad­di­tion, New York monthly premi­ums were more ex­pen­sive, on av­er­age, than premi­ums na­tion­ally. The state’s monthly fam­ily and sin­gle premi­ums were $1,226 and $452, re­spec­tively, ac­cord­ing to the sur­vey. For the U.S., av­er­age monthly premi­ums were $1,115 and $402 for fam­ily and in­di­vid­ual ben­e­fits, re­spec­tively.

OR­CHARD PARK, N.Y.—

En­dion Hos­pi­tal­ist Sys­tems, a physi­cian-owned hos­pi­tal­ist pro­gram, was pur­chased Dec. 1 by Co­gent Health­care, a Brent­wood, Tenn.-based hos­pi­tal medicine ser­vices provider, ac­cord­ing to a Dec. 8 Co­gent an­nounce­ment. Fi­nan­cial terms of the deal were not dis­closed. En­dion, which takes its named from the Al­go­nquin word for “the place where I live,” em­ploys more than 70 health­care providers prac­tic­ing in nine hos­pi­tals and skilled-nurs­ing fa­cil­i­ties in western New York. “The En­dion lead­er­ship team re­mains in­tact and will con­tinue to man­age En­dion’s part­ner­ships with hos­pi­tal clients,” Co­gent spokes­woman Anne Han­cock Toomey said in an e-mail. “Our physi­cians and clin­i­cal staff will ben­e­fit greatly from technology, lead­er­ship and sup­port that Co­gent will pro­vide,” En­dion CEO John Brach said in a news re­lease.

BOS­TON—

Stew­ard Health Care Sys­tem agreed to ac­quire two Mas­sachusetts hos­pi­tals from Nashville-based Es­sent Health­care, ac­cord­ing to a news re­lease. The deal comes less than a month af­ter Stew­ard was formed by the con­ver­sion of six-hos­pi­tal Car­i­tas Christi Health Care from tax-ex­empt to in­vestor-owned. Terms of the Es­sent deal were not dis­closed. The hos­pi­tals are 90-bed Mer­ri­mack Val­ley Hos­pi­tal in Haver­ill and 42-bed Nashoba Val­ley Med­i­cal Cen­ter in Ayer. The deal would leave in­vestor-owned Es­sent with three hos­pi­tals, one each in Con­necti­cut, Penn­syl­va­nia and Texas. Cer­berus Cap­i­tal Man­age­ment, a pri­vate-eq­uity firm, com­pleted its con­ver­sion of Car­i­tas Christi last month. Stew­ard agreed to “pre­serve jobs and main­tain the cur­rent man­age­ment teams” at both Es­sent hos­pi­tals. Ser­vices, in­clud­ing in­pa­tient psy­chi­atric care, also will be main­tained, ac­cord­ing to the re­lease. Stew­ard made an undis­closed com­mit­ment to in­vest in the hos­pi­tals. Prior to the con­ver­sion deal’s an­nounce­ment in March, Car­i­tas Christi was in dis­cus­sions to ac­quire 133-bed Land­mark Med­i­cal Cen­ter, Woonsocket, R.I. Dis­cus­sions are on­go­ing, ac­cord­ing to a Stew­ard spokesman.

NEW YORK—

The U.S. Jus­tice Depart­ment said Mario Per­ci­avalle be­came the 10th per­son to plead guilty in a fed­eral in­ves­ti­ga­tion into bid rig­ging, fraud and bribery at Mount Si­nai Med­i­cal Cen­ter and New York-Pres­by­te­rian Hos­pi­tal. Per­ci­avalle, of Stor­mville, N.Y., pleaded guilty to bidrig­ging and fraud con­spir­a­cies for work at the 1,039-bed Mount Si­nai in New York, ac­cord­ing to a Jus­tice Depart­ment news re­lease early this month. Per­ci­avalle, for­merly Mount Si­nai’s as­so­ci­ate di­rec­tor of plant ser­vices, pleaded guilty to con­spir­ing to rig bids by sub­mit­ting non­com­pet­i­tive bids for main­te­nance and in­su­la­tion con­tracts, ac­cord­ing to the Jus­tice Depart­ment. He also pleaded guilty to mail fraud con­spir­acy. The depart­ment said he awarded work to a co-con­spir­a­tor’s com­pany and re­ceived at least $20,500 in cash kick­backs. Three com­pa­nies also have pleaded guilty, ac­cord­ing to the depart­ment. An­other eight de­fen­dants are await­ing trial.

El­iz­a­beth Se­ton Pe­di­atric Cen­ter’s re­place­ment fa­cil­ity will be nearly twice the size of the cur­rent one.

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