TRENTON, N.J.-Helene Fuld Medical Center has acquired a workers' compensation medical clinic in Trenton from Lawrenceville, N.J.-based New Jersey Manufacturers Insurance Co., a privately held insurer that provides workers' compensation coverage. Both the buyer and seller declined to disclose the purchase price. The teaching hospital already provides occupational health services and intends to expand into the workers' compensation business by contracting directly with employers, a spokeswoman said. Helene Fuld is a member of University Health System of New Jersey.
MANHASSET, N.Y.-Health Resources Optimization Inc., a hospital revenue recovery and consulting firm based in Metuchen, N.J., has opened an office on Long Island for a new service called Health/TRAC. Through Manhasset-based Health/TRAC, Health/ROI not only will help hospitals appeal miscalculated payment denials and reductions from third-party payers, but it also will work with hospital executives to prevent payment reductions and denials in the future. A similar service the company operated in a joint venture with a Long Island firm resulted in the collection of $10 million of "potentially lost revenues" on behalf of 75 New York hospitals, the company said. Health/ROI has dissolved the joint venture and replaced the service with Health/TRAC.
YONKERS, N.Y.-St. Joseph's Medical Center has joined ExcelCare, a regional healthcare consortium headquartered in Bronxville, N.Y. The 194-bed acute-care hospital, which also operates a 200-bed nursing home and numerous outpatient programs, joins the network's six other hospital members. ExcelCare was created last year to offer affordable, coordinated services (Nov. 15, 1993, p. 73). The network's goals include strengthening links between hospitals, offering a continuum of care for patients and providing additional opportunities for hospital members to contract with managed-care plans.
NEW YORK-Robert K. Match, M.D., former president and chief executive officer of Long Island Jewish Medical Center, died Oct. 7 in a New York-area highway accident. Dr. Match, 68, retired last year after a quarter century at the helm of the New Hyde Park, N.Y.-based teaching hospital and became a healthcare consultant. He had served on numerous committees and boards, including stints as chairman of the boards of the Healthcare Association of New York State and the Greater New York Hospital Association.