Hospital facilities might be sold

July 10, 1999|By M. William Salganik | M. William Salganik,SUN STAFF

Sinai Hospital is negotiating the possible sale of facilities on the Children's Hospital campus to Kennedy-Krieger Institute, officials of Sinai and Kennedy Krieger confirmed yesterday.

Children's ended inpatient care in March under pressure from state regulators, who were concerned about low occupancy, high costs and large losses at the hospital. Children's sought a merger that would keep the hospital open, but it could not find a partner willing to keep it operating.

Children's then announced that its assets were being transferred to nearby Sinai, which will use the Children's endowment, valued at about $20 million, to support pediatric services.

Still operating on the Children's campus on Greenspring Avenue in North Baltimore is the Bennett Institute, a health club that also offered rehabilitation programs.

Those programs have been transferred to Sinai "for economy purposes," said Jill Bloom, a spokeswoman for LifeBridge Health, Sinai's parent.

LifeBridge hired 43 employees from Children's Hospital, Bloom said. About 80 were employed there before the shutdown.

Bloom said the doctors' office building on the Children's campus is operating and that construction is proceeding on an assisted-living facility on campus.

"We're in discussions with [Kennedy Krieger] about Bennett and maybe some other buildings," Bloom said.

Wendy Odell Magus, a spokeswoman for Kennedy Krieger, said, "It's something we're looking at, but not something that's finalized by any means."

Pub Date: 7/10/99

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