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February 12, 2016 7:37 PM ET

Healthcare Providers and Services

Company Overview of Maimonides Medical Center Inc.

Company Overview

Maimonides Medical Center Inc., a non-profit academic medical center and teaching hospital, provides patient care and community services in Brooklyn. It offers services in the areas of ambulatory care, anesthesiology, blood donation center, cancer center, heart and vascular center, emergency medicine, neurosciences, obstetrics and gynecology, orthopedic surgery and musculoskeletal services, pathology and laboratory medicine, pediatrics hospital, psychiatry, radiology, surgery, and wound care and hyperbaric center. Maimonides Medical Center Inc. has a strategic partnership with The North Shore-LIJ Health System. The company was formerly known as Maimonides Hospital and changed its name to Mai...

4802 Tenth Avenue

Brooklyn, NY 11219

United States

Founded in 1911

5,725 Employees

Phone:

718-283-6000

Fax:

718-283-8553

Key Executives for Maimonides Medical Center Inc.

Chief Executive Officer and President
Chief Financial Officer and Executive Vice President of Finance
Chief Operating Officer and Executive Vice President
Chief Information Officer and Vice President of Management Information Systems
Vice President of Legal Affairs and General Counsel
Compensation as of Fiscal Year 2015.

Maimonides Medical Center Inc. Key Developments

The North Shore-LIJ Health System and Maimonides Medical Center Enters into Strategic Partnership

The North Shore-LIJ Health System and Maimonides Medical Center announced they have entered into a strategic partnership that will help Maimonides build on its success in meeting the current and future health needs of Brooklyn. These discussions have been ongoing since they were first announced in February of this year. North Shore-LIJ and Maimonides have decided to pursue a full integration in a phased approach that will begin immediately with a comprehensive strategic partnership, with both institutions maintaining their independence and separate governance structures. Maimonides will continue to operate as a full-service, tertiary and teaching hospital and be a critical component of a growing network of services that the North Shore-LIJ Health System and Maimonides will establish in Brooklyn. The strategic partnership will be composed of joint ventures and other activities that will strengthen Maimonides and expand its leadership role in the region. North Shore-LIJ will work with Maimonides in enlarging its ambulatory network of clinical services to position the hospital for continued success as lead entity of one of the state's three large Delivery System Reform Incentive Payment (DSRIP) programs. In addition, North Shore-LIJ will provide Maimonides with capital resources and access to its extensive shared services infrastructure and expertise, enabling the hospital management to make needed investments while continuing to improve operating efficiencies.

Long Island College Hospital Got More Offers

Five bidders have come forward with proposals to keep the distressed Long Island College Hospital in Brooklyn running as a hospital, but none of them have licenses to run hospitals in New York. Only one of the five, Prime Healthcare Services, Inc. This is the third round of bidding for Long Island College Hospital. The bidding was reopened on February 26, after a court settlement with community groups trying to preserve the hospital. In the latest round, the number of bids, announced over the weekend, has more than doubled to nine from four. In addition to the five hospital bids, four other bidders would offer a combination of housing and medical facilities, but not a hospital. The minimum bid was $210 million; the highest bid was $251 million.

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