NEW YORK-Four-hospital Continuum Health Partners decided in May to sell the Singer Division of Beth Israel Medical Center, a 14-story building on prime Manhattan real estate. The division was founded in the late 1920s as Doctors Hospital and was taken over by Beth Israel in 1987. It staffs about 140 beds and houses Beth Israel's Hyman-Newman Institute for Neurology and Neurosurgery, which will be moved to Continuum's St. Luke's-Roosevelt Hospital Center. Other programs at the division will be relocated to alternate Continuum hospitals. The sale is an aggressive step toward managing an operational deficit that has plagued the division for several years and, at the same time, will generate capital to invest in remaining hospital properties, a Continuum spokesman said. Continuum is working with the union to determine the fate of the division's 1,100 workers, including approximately 200 nurses, who likely will remain with the system, the spokesman said. The division will close Aug. 1, subject to approval by the state health department and attorney general.
PITTSBURGH-The University of Pittsburgh Medical Center in May opened Italy's only hospital dedicated entirely to organ transplants in Palermo under a partnership with the region of Sicily. The Mediterranean Institute for Transplantation and Advanced Specialized Therapies had been operating out of temporary quarters for the past five years. The newly constructed facility will allow the hospital to expand living-donor transplant and other surgical programs, officials said. The five-story, 130,000-square-foot building increases the hospital's capacity to 70 beds from 22 and doubles the number of operating rooms to four. The enterprise is expected to create 150 jobs by year-end. The hospital now employs more than 300 doctors, nurses, allied health professionals and other staff. Officials said the initiative is intended to transfer management and administrative knowledge as well as medical technology.
CARBONDALE, Pa.-Catholic Health East, Newtown Square, Pa., will seek to add another acute-care hospital to its system after announcing that it intends to acquire Maxis Health System, Carbondale, on July 1. Terms of the transaction were not disclosed. The transaction is subject to approval by the 15-member Catholic Health East sponsors council and the completion of due diligence, a spokesman said. "The values and culture of CHE are also consistent with those of Maxis," CHE President and Chief Executive Officer Robert Stanek said. Under the proposed deal, CHE would acquire 104-bed Marian Community Hospital, Carbondale; Tri-County Human Services Center; Maxis Medical Services, Complete Pharmacy Services and the Maxis Foundation.
NEW BRUNSWICK, N.J.-In a long-simmering battle over pediatric care in New Brunswick, 418-bed St. Peter's University Hospital in May announced an affiliation with the Children's Hospital of Philadelphia. The affiliation, which aims to enhance the scope of pediatric services available at St. Peter's, will begin with pediatric cardiology. Financial terms were not disclosed. Officials said heart doctors from the children's hospital would treat patients in the pediatric and neonatal intensive-care units at St. Peter's. However, cardiac surgery patients will have to travel to Philadelphia because St. Peter's does not have an open-heart program. Beginning in July 2005, when its current relationship with the University of Medicine and Dentistry of New Jersey expires, St. Peter's will sponsor a pediatric residency program and rotate residents through the children's hospital, officials said. The announcement comes one month after New Brunswick's other hospital, 473-bed Robert Wood Johnson University Hospital, announced a joint venture with Morgan Stanley Children's Hospital in New York to bring a pediatric cardiac surgery program to RWJ's Bristol-Myers Squibb Children's Hospital.