SECAUCUS – Thomas Considine has been named the third CEO of Meadowlands Hospital Medical Center (MHMC) since 2010. He has a tough job ahead of him.
The for-profit hospital has had some challenges. It is listed among the most expensive hospitals in the country. It has been fined $58,000 by the state Health Department for withholding financial reports. Union leaders have accused MHMC of anti-union practices. And the hospital is aggressively pursuing managed care companies that it claims are cutting back on reimbursements.
Considine, a former MetLife vice president before becoming chief regulator of the banking and insurance industries from 2010 to 2012, claims to be initiating a new era of transparency at the hospital. The long-overdue report to the Health Department will, he said, be released within the week. Although the government has already imposed three liens on the hospital for delinquent payroll taxes, Considine stated that there will be no further liens in the future.
Union leaders have expressed “cautious optimism” about Considine’s offer to engage in open discussion with the Health Professional and Allied Employees union.
New CEO of Meadowlands Hospital looks to turn things around
