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New York Eye and Ear Infirmary Has Joined Continuum Health Partners, Inc.

World-Renowned Specialty Hospital Becomes Continuum's Fourth Member Institution

New York, NY (August 1999) -- The Board of Directors and The Life Members of The New York Eye and Ear Infirmary (NYEEI) - one of the world’s preeminent specialty hospitals and a health care provider in New York for almost 180 years - recently approved an agreement for the 103-bed institution to become the fourth member of Continuum Health Partners, Inc., one of the metropolitan area's largest hospital networks, it was announced by Peter Frelinghuysen, Chairman of the Board of The New York Eye and Ear Infirmary and Morton P. Hyman, Chairman of the Board of Continuum Health Partners, Inc.

NYEEI joins Beth Israel Medical Center, St. Luke's-Roosevelt Hospital Center and Long Island College Hospital in the Continuum network.

With the addition of NYEEI, Continuum broadens its network of medical services, which includes the east and west sides of Manhattan, Brooklyn, the other New York City boroughs and Westchester County. The expanded system comprises 3,400 certified beds; an annual operating budget of $1.6 billion; a medical staff of 5,200 physicians and 17,000 employees. The expanded partnership brings together four prestigious academic hospitals, each with a long tradition of service and commitment to excellence in patient care, education and research.

Founded in 1820, NYEEI is the oldest specialty hospital in America. With more than 140,000 outpatient visits and almost 19,000 surgical procedures annually, it is a recognized leader in the fields of eye, ear, nose and throat care. Its ophthalmology and otolaryngology departments are consistently ranked among the best in the country and it also is a recognized leader in plastic and reconstructive surgery.

Several years ago, NYEEI took aggressive steps to meet the challenges of a changing health care delivery system by shifting many of its services from the inpatient to the outpatient setting. It also has been very successful in the managed care arena; almost 90 percent of its physicians are represented on managed care plans, and managed care makes up over 20 percent of NYEEI’s patient volume.

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Revised Structure for Continuum Board

The Board of Continuum expands to 19 members from its former complement of 15; the four new seats will be filled by members of the NYEEI Board of Directors, including the Chairman of the Board of NYEEI. Morton P. Hyman, Chairman of the Board of Trustees of Beth Israel, will continue to serve as Chairman of Continuum. Robert G. Newman, M.D., President and Chief Executive Officer of Continuum, will retain that position in the expanded corporation.

Like its three partner institutions in the Continuum network, NYEEI retains its teaching affiliation, which is with The New York Medical College. Beth Israel is University Hospital and Manhattan Campus for the Albert Einstein College of Medicine; St. Luke’s-Roosevelt is University Hospital of Columbia University College of Physicians and Surgeons; and LICH is Primary Teaching Affiliate of the State University of New York Health Sciences Center in Brooklyn.

"The entire New York Eye and Ear community is very excited to join Continuum, which has emerged as a true leader in the delivery of health care to the New York metropolitan community," said Mr. Frelinghuysen, NYEEI chairman. "The outstanding services provided at New York Eye and Ear, combined with those of our three sister institutions, strengthen further the Continuum network, and provide an even greater range of care to all of our patients."

In welcoming NYEEI, Mr. Hyman noted: "For almost 180 years, New York Eye and Ear Infirmary has faithfully served the people of New York and, indeed, individuals from around the world who have turned to this outstanding institution for its many specialty services. These services, combined with the primary care and other specialty strengths of Beth Israel, St. Luke’s-Roosevelt and Long Island College Hospital, enhance Continuum’s ability to provide the highest quality, most comprehensive care. We warmly welcome the Board of Directors, physicians and staff of New York Eye and Ear into our growing Continuum community."

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Statistical Information on Continuum Health Partners
and its Affiliated Institutions
(Based on 1998 Statistics)

BIMC SLRHC LICH NYEEI Continuum
Beds 1,368 1,121 516 103 3,108
Operating Budget (in millions)$ 785 550 250 52 $1.637 Billion
Discharges 57,924 40,132 22,074 19,561 139,691
Outpatient Visits 508,011* 320,990 145,926 142,896 1,117,823
Total Staff 7,812 5,557 2,773 594 16,736
Medical and Dental Staff 2,193 1,815 687 550 5,245
House Staff 378 417 223 37 1,055
Nurses 2,496 1,822 903 74 5,295
* Includes Beth Israel's DOCS facilities          
 
 
Media Information

If you are a reporter seeking to interview this or any other doctor at The New York Eye and Ear Infirmary, please contact Jean Thomas, at (212) 979-4274, or Axel F. Bang, at (914) 234-5433.

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