Former board member eyeing Peninsula Hospital site for $24M (NY)
New York Daily News, August 22, 2012
A group led by former board of directors member Michael Melnicke was named as a strong candidate to buy the shuttered Far Rockaway hospital and affiliated nursing home, court documents show. Melnicke, who owns five nursing homes in New York, offered a $24 million package for the hospital, clinic and affiliated nursing home, the court-appointed trustee Lori Lapin Jones wrote in a filing earlier this month. The firm enlisted to manage Peninsula's sale was contacted by 26 potential suitors that "expressed a primilary interest," documents show. The nursing home magnate sits on the Board of Trustees of Long Island University and belongs to several healthcare associations.
Most Viewed
Most Emailed
- Healthcare Leaders Seek Strategic Sweet Spot
- 3 Reasons Wellness Programs Fail
- CMS Issues Health Insurance Exchange Proposed Rules
- Patients Shoulder Nearly 25% of Medical Bills
- ACOs Widespread, Yet Challenged
- Healthcare Costs 'An Abomination' Says Senate Finance Committee Chair
- Healthcare Consolidation: M&A Not the Only Way
- MGMA: Physician Compensation Increasingly Based on Quality Measures
- 6 CNO-to-CEO Strategies
- PwC: Pace of Rising Medical Costs Slowing
