Visiting Nurse Service of New York Acquires Saint Vincent’s Long Term Home Health Care Program

The Visiting Nurse Service of New York (VNSNY) announced earlier this month that it recently bid on and is set to acquire the Long Term Home Health Care ("Lombardi") Program from St. Vincent’s Catholic Medical Center.  VNSNY is currently licensed to provide long term home health care to 2,301 chronically ill New York residents and it will be able to offer these services to an additional 1,065 patients in the Bronx, Manhattan, Brooklyn and Queens, and bring VNSNY long term home health care to Nassau County.  The transaction was filed at a closed, one-time bid auction on August 10, 2010 for $30,150,000.  The purchase is pending approval by the U.S. Bankruptcy Court and the Attorney General’s Office. VNSNY and Lombardi are working together with the New York State Department of Health to shape a smooth transition and a Certificate of Need will be filed by VNSNY on August 13, 2010, with completion of the process expected before the end of the year.

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"As the ripple effect resulting from the closure of Saint Vincent’s Catholic Medical Center and its many wonderful programs continues, VNSNY is committed to supporting each community with uninterrupted care and services," said Ilaina Edison, Senior Vice President, VNSNY. "Through this acquisition, we can ensure that chronically ill, nursing home eligible New Yorkers, most of them elderly, will have access to the expert long term care and services they deserve, so that they can live safely and independently in their own homes for as long as possible."