MOUNT VERNON, N.Y.-Community Care Services has signed an agreement with Oxford Health Plans of Norwalk, Conn., to provide 1.3 million enrollees in the managed-care plan with home medical equipment and supplies and rehabilitation and respiratory products and services. The agreement covers 16 counties in Connecticut, New Jersey and New York. Community Care also announced it has secured a $4 million line of credit from the Bank of New York. Alan Sheinwald, Community Care's chief executive officer, said the company plans to use the credit to fund general capital needs, bolster its sales and marketing efforts, develop new products and expand rehabilitation services.
NEWARK, N.Y.-The Federal Trade Commission has cleared a merger of two Wayne County, N.Y., hospitals, creating a new healthcare corporation that will operate as a unit of Greater Rochester (N.Y.) Health System. The merger of 54-bed Myers Community Hospital, Sodus, N.Y., into Newark-Wayne Community Hospital in Newark still requires state approval. The new organization, called Wayne Healthcare, will be governed by a 10-member board representing both hospitals. Greater Rochester, Newark-Wayne's parent, also operates Rochester General Hospital and Genesee Hospital in Rochester. Roger S. Hunt, Greater Rochester's president and chief executive officer, said the merger made sense because of Rochester General's longtime relationship with Myers and a significant overlap between the medical staffs of Myers and Newark-Wayne. Furthermore, the 90-physician Wayne County Physicians Organization already serves patients in the Greater Rochester system through a private-label HMO set up in a joint venture with Blue Cross of the Rochester Area. "That certainly made the step of unifying the hospital system even more logical," he said. Executives hope to receive final merger clearances within six months.