© 2008-2010 Broadcast Interactive Media and WKBW.

Original trademark and copyright holders maintain their respective rights.

Comments and submitted content remain copyright of the submitter.

...

Detroit Medical Center CEO Mike Duggan speaks during the grand opening of the Children’s Hospital of Michigan Specialty Center Tuesday, June 12, 2012, in Detroit. The five-story facility offers general pediatrics, pediatric specialties, dialysis, rehabilitation and other services. (AP Photo/Detroit News, David Coates) DETROIT FREE PRESS OUT; HUFFINGTON POST OUT; MAGS OUT; MANDATORY CREDIT

Andrew Backer climbs the rock wall in the new gym during the grand opening of the Children’s Hospital of Michigan Specialty Center Tuesday, June 12, 2012, in Detroit. The five-story facility offers general pediatrics, pediatric specialties, dialysis, rehabilitation and other services. (AP Photo/Detroit News, David Coates) DETROIT FREE PRESS OUT; HUFFINGTON POST OUT; MAGS OUT; MANDATORY CREDIT

Matthew Fitzsimons, 14, trains with robotic legs on the Lokomat partial weight-bearing treadmill in the fitness center during the grand opening of the Children’s Hospital of Michigan Specialty Center Tuesday, June 12, 2012, in Detroit. The five-story facility offers general pediatrics, pediatric specialties, dialysis, rehabilitation and other services. (AP Photo/Detroit News, David Coates) DETROIT FREE PRESS OUT; HUFFINGTON POST OUT; MAGS OUT; MANDATORY CREDIT

People walk outside the facility during the grand opening of the Children’s Hospital of Michigan Specialty Center Tuesday, June 12, 2012, in Detroit. The five-story facility offers general pediatrics, pediatric specialties, dialysis, rehabilitation and other services. (AP Photo/Detroit News, David Coates) DETROIT FREE PRESS OUT; HUFFINGTON POST OUT; MAGS OUT; MANDATORY CREDIT

DETROIT (AP) — A new, $43 million pediatric facility is operating in Detroit.

The five-story Children's Hospital of Michigan Specialty Center offers general pediatrics, pediatric specialties, dialysis, rehabilitation and other services.

A grand opening was held Tuesday at the center, which is across from Children's Hospital.

The building is part of the Detroit Medical Center and is the first new construction completed under an $850 million investment by Vanguard Health Systems

The for-profit, Nashville, Tenn.-based Vanguard took over the eight-hospital Detroit Medical Center in 2011. Terms of the deal included Vanguard making the capital improvements during the next five years.

...

By Jack Ahern

When do you want to retire? When should you retire? When must you retire? Simple questions with profound implications for anyone let alone a highly skilled, well established, nephrologist. If dates that represent answers to the “want to, should and must” retire questions differ significantly, you are bound for frustration unless you take constructive action or have really good luck and win the lottery.

There is a plethora of information available regarding the general financial requirements for retirement. The majority of guidance offered is aimed at salaried employees who have no significant, non–liquid, ownership stake in their employer and are therefore able to simply retire at will, in the traditional sense, at some optimal point in the future.

Several of my physician friends have followed this model; however, they were primarily full-time employees of medical centers, with corporate benefit and retirement structures in place.

Nephrology practices, in the global sense, embodying all the various revenue generating aspects of a nephrologist’s activities, are complex entities. Significant advance planning is required to allow the full transfer of accumulated value that has been established over the period of several decades of quality patient care and adept business development.

It is important to realize that both the quality of care and the quality of management and business development contribute to the value of a practice. These are absolutely separate but often highly correlated elements of value.

...

By Brennan Smith
June 12, 2012 Updated Jun 12, 2012 at 6:27 PM EDT Binghamton, NY (WBNG Binghamton) Those living in need of kidney dialysis at a local nursing home no longer have to leave their home for treatment. The Bridgewater Center for Rehabilitation and Nursing officially cut the ribbon to its new dialysis treatment facility. WBNG E-News - Sign Up For Our Newsletter! It's been up and running for a few months now, but today the public was invited to take a look at where patients have their blood filtered. The company says its Binghamton facility now joins only a handful of nursing homes across the nation that offer dialysis. "I made sure that we went above and beyond and offered massaged and heated chairs. Dialysis patients tend to be a little bit more chilled, so this is nice for them to sit, and we also have the HD Flat Screen TVs right to the chairs. We make them as comfortable as possible," said Danielle Zastawny, Administrator at the Bridgewater Center for Rehabilitation and Nursing. The facility is also open to out-patients. Bridgewater used today's ribbon-cutting to fund raise for the National Kidney Foundation of Central New York. Previous Article Owego Farmer's Market is Officially Open Next Article Rotary Club Honors Girl Scouts To submit a comment on this article, your email address is required. We respect your privacy and your email will not be visible to others nor will it be added to any email lists.

...