Hospital's new medical office building sold
It is truly interesting how a medical office building can go from 54,000 sqft to 83,000 in a single bound...err...article. Also, from $6M (Sep figures) to $13M is quite a cost overrun. (Same paper--and the fact checkers are where???) I wonder if the purchase provisions reflect that? You know, the ones that say Essent has to pump in x-dollars into the facility. Well, looks like they managed to dodge the bullet and pick up some pocket change. Probably to pay for the same at Ayer. Maybe they'll sell to the same anonymous group...after settling the lawsuits.
Hospital loses boss, looks for another 
It would appear that Essent has another interim CEO in one of their facilities.... The CEO of Merrimack Valley Hospital is leaving to take a COO position with a not-for-profit. Maybe he got tired of playing cheap-to-keep with Essent...and it only took 17 months. If the position is over the corporate operations, it would be a move up--if just a hospital, it's movin' on down....
This isn't the first Essent exec that has jumped to a NFP hospital. Several have made the transition. Maybe after Essent they had to pay penitence...or just get the taste out of their mouths.
Wednesday, March 21, 2007
Deck Chairs on the Titanic....3/23
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6 comments:
This hospital here in Paris sucks the big one!!!! I can't wait to take on my new job and get away from this BIG OL PIECE OF S___!!!!!!!!!!!!
Rats leave a sinking ship... (referring to Essent execs, not burnt out employees!)
The town of Ayer isnt going to be too happy to find out what's going on in Haverhill with the MOB. As you know Essent goes on record as saying that they aren't in the business of being landlords. I guess that means the future of the townhouses which are to house the influx of new doctors will have the same fate. It looks like real estate is becoming their main source of income, not healthcare. Anything for a buck hey Hud!
7:01,
Since they stink at making money in healthcare, they may have no choice but to make a dollar or two in selling real estate.
I can recommend some choice properties to sell:
EACH AND EVERY HOSPITAL OWNED BY THIS BAND OF MUSHWITS!!
Or have I stumbled onto the obvious........... (cue X-Files theme music)............
I'm beginning to think that getting pink-slipped by Toecheese Kreye for offending one of his best friends was a blessing in disguise. Each time I read a post in this blog, I'm more & more grateful I'm employed in a real facility managed by real humans who honestly listen not only to the needs of the patients and docs, but the employees as well.
I want no part in rearranging chairs on a sinking ship.
Hey Dud, Time to put 1-800-BANKRUPTCY on Speed Dial.
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