KINGSTON, N.Y.-The WellCare Management Group has acquired Mid-Hudson Health Plan for $2.44 million and has absorbed its 18,500 enrollees into WellCare of New York. Mid-Hudson, a not-for-profit corporation managed by WellCare Management, was founded in 1983 and served more than 600 local employer groups. With Mid-Hudson's members, WellCare of New York has more than 88,500 enrollees and is the largest HMO in the Hudson River Valley. WellCare Management funded the acquisition with proceeds from an initial public offering of 2.187 million shares in August. In an agreement with the state attorney general, the $2.44 million used to purchase the not-for-profit company will be set aside to start a not-for-profit foundation to fund health and early intervention programs for children.
MIDDLETOWN, N.Y.-Presbyterian Hospital in New York, in conjunction with Columbia University College of Physicians & Surgeons, will affiliate with Horton Memorial Hospital of Middletown. The agreement calls for the two institutions to develop joint clinical programs in areas such as thoracic surgery, cardiology, gynecological oncology and assisted reproduction. The hospitals also will consider joint managed-care programs and shared clinical information systems. A primary-care clerkship may be established at Horton for medical students, and surgical and family-practice residents may rotate to Horton.
PITTSBURGH-Executives of Passavant Hospital and La Roche College announced last month the formation of an alliance to develop joint programs, share resources and promote wellness in the community. The consortium plans to develop a master's program in physical therapy using the hospital as a clinical training site. It also will conduct an assessment of community health needs with the help of La Roche's public health students and will participate in joint purchasing arrangements. Passavant, a 292-bed community hospital, serves northern Allegheny County and parts of southern Butler County. La Roche offers bachelor's and master's degrees in health sciences and has a total enrollment of more than 1,800.