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“It’s not necessarily what the dollar amount is,” the founder, president and CEO of Maplewood Senior Living told the Business Journal. “It’s also about leaving a legacy, how you can help make a difference."
All told, Medicare is reducing its payments to 2,499 hospitals – 47% of the nation’s institutions.
Dealing with all the changes at the facility "can be nerve-wracking -- but it's exciting too," says Norwalk Hospital President Peter Cordeau.
"Our goal is not to borrow a single nickel" to finance the approximately $224 million project, Norwalk Hospital President Peter Cordeau says.
Nuvance Health President and CEO Dr. John Murphy said that Nicastro “brings with him years of outstanding experience and deep expertise. He is resolute in his commitment to providing exceptional care across the many communities we serve."
“While these hospitals have received direct federal aid during this crisis, some of them and their affiliated practices are still experiencing financial hardship,” noted Gov. Ned Lamont.
“We’re in much better condition now than we were in the spring," says Stamford Heath President and CEO Kathleen Silard.
“Now is not a time to panic, but a time to double down on our testing and prevention efforts and remain vigilant,” Mayor Harry Rilling said.
Danbury’s clinical trial is for patients with advanced metastatic non-small cell lung cancer (NSCLC), while Norwalk’s is for patients with certain types of solid tumors, such as advanced colorectal cancer.
Of the eight hospitals that did not realize a gain in operating revenue, only one was in Fairfield County: Norwalk Hospital.
Collectively, Connecticut hospitals have been estimated to lose $1.5 billion this year as a result of the coronavirus, while those in New York State are estimated to lose as much as $13.3 billion.
Carius served on the ABMS board of directors from 2013 to 2018.