Timeline of Events | March – April 2010 March 24, 2010: Mt. Sinai transition talks begin with St. Vincent’s. March 25, 2010: Hiring Freeze is imposed on St. Vincent’s Nurses. March 31, 2010: Negotiations with Mt. Sinai collapse. April 6, 2010: Board of Trustees vote privately to shut down St. Vincent’s Hospital. April 8, 2010: Request for Proposal are issued just two days after the vote for urgent care centers that will replace and privatize St. Vincent’s Hospital. How could they have completed these RFP’s in two days? April 9, 2010: St. Vincent’s sends written notice to the Department of Health that they intend to close. This is supposed to be a 90 day notice yet they simultaneously begin closing the hospital. April 14, 2010: St. Vincent’s files for Chapter 11 Bankruptcy in U.S. Bankruptcy Court and submits a proposed Interim Order asking to be allowed to “continue” closing the hospital until the Bankruptcy hearing which is scheduled May 6, 2010 even though they know they should not have begun closures. The Order also directs that all issues be under the jurisdiction of the Bankruptcy Court. March 2, 2010: Governor Paterson secures $6,000,000 for St. Vincent’s Medical Center ($5,000,000 of which was from GE investors) and begins discussions to find someone to take over the hospital, in specific Mt. Sinai shows an interest and begins negotiations. April 19, 2010: St. Vincent’s admits the entire hospital will be shut down on April 30, 2010, a week before the May 6, 2010 Bankruptcy hearing. This will shield St. Vincent’s from any consequences for failing to hold public hearings, failing to get approval of a written Closure Plan or in any way having to answer to the public or ensure public safety in the closure. It will also ensure that they are not stopped from illegally closing hospital. March 30, 2010: The CEO of St. Vincent’s, Kevin Davis, and Commissioner Daines have a discussion about Mt. Sinai acquiring St. Vincent’s and request for NY State Department of Health support to do so.
Funding & Expenditures <ul><li>Federal Funds: $722,735,073* </li></ul><ul><li>Over the past 3 years St. Vincent’s Hospital has received over a quarter of a billion dollars of line items from Congressman Jerry Nadler through its parent company Sisters of Charity. Services range from Direct Health Care Services to U. S. Serviceman, retirees and family, Data collection services, Medical care for inmates housed at MDC Brooklyn, Veterans Affairs for Nursing Home Care Services. </li></ul><ul><li>On October 1, 2008 St. Vincent’s Catholic Medical Centers was awarded a five year U.S. Department of Defense contract through TRICARE with an estimated value of $520,810,000 for the Uniformed Services Family Health Care Plan (USFHP) for uniformed services, retirees, and their families. </li></ul><ul><li>* This is only what we found after an initial search. </li></ul><ul><li>State Funds: </li></ul><ul><li>These numbers are unknown but we estimate them to be significant. We also know that in March of 2010 the New York State Assembly Majority committed $1,000,000 in emergency funding. </li></ul><ul><li>City Funds: $68,990,908* </li></ul><ul><li>Active contracts with New York City total an estimated amount of $68,504,908 . </li></ul><ul><li>These monies are used for a variety of services including direct mental Hygiene, recovery programs, homeless services, geriatric services, school based mental health services and mentally disabled services. </li></ul><ul><li>In addition, the City of New York, allocated $486,000 to Saint Vincent’s in the Capital Budget fiscal year 2010. </li></ul><ul><li>* This is only what we found after an initial search. </li></ul><ul><li>Annual Salary of 10 Employees: TOTAL: $10,089,461 </li></ul><ul><li>Robert Fitzsimmons, Executive Director: $2,135,401 </li></ul><ul><li>Bernadette Kingham-Bez, SVP CCO: $1,520,841 </li></ul><ul><li>Paul Rosenfeld, Executive Director CC: $1,196,458 </li></ul><ul><li>Henry Amoroso, Chief Executive Officer: $1,081,592 </li></ul><ul><li>James Woods, SVP Real Estate: $800,000 </li></ul><ul><li>Anthony Gagliardi, SVP Medical Director: $639,766 </li></ul><ul><li>Elizabeth St. Claire, SVP Legal: $562,793 </li></ul><ul><li>Michael Greene, COO: $549,996 </li></ul><ul><li>Virginia Sweeny, SVP CNO: $935,314 </li></ul><ul><li>Jane Connorton, SVP-P, NYC: $667,300 </li></ul><ul><li>Extra Costs: TOTAL $126,252,734 </li></ul><ul><li>Golf Outing: $278,918 </li></ul><ul><li>“ Professional Fundraising”: $3,891,258 </li></ul><ul><li>“ Other”: $104,214,718 </li></ul><ul><li>Management Consultants: $17,267,388 </li></ul><ul><li>Lobbying: $600,452 </li></ul>St. Vincent’s Catholic Medical Centers Expenditures: (As reported in 2008 Form 990 Federal Return of Organization Exempt from Income Tax Return) Saint Vincent Catholic Medical Centers (SVCMC) is one of the New York metropolitan area's most comprehensive health care systems, serving over 500,000 people annually, with 8 hospitals, 4 skilled nursing facilities, 3 home care agencies, a hospice and over 60 ambulatory care sites which provide a broad array of medical, psychiatric and substance abuse services. SVCMC 's mission to treat with respect, integrity compassion and excellence is combined with a system-wide emphasis on technology and quality. In 2000, SVCMC recorded 2,000,000 outpatient visits, 700,000 home care visits and 94,000 inpatient discharges. Its emergency rooms, which include three Level 1 Trauma centers, received 280,000 visits in that same year. Wherever you live or work in the New York metropolitan area, Saint Vincent Catholic Medical Centers can help you and your family with your health care needs.