Word: mcleaned
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...addition, McLean is hoping to get a private company to build one or more new buildings on the hospital's 150 acre grounds. This is attractive because profit-making companies have more borrowing power than non profit institutions and would take any liability off the hospital...
...McLean has asked the state for permission to do $35 million worth of construction and renovation. The work is pending government approval and raising the money Putnam said he thought a private company might contribute up to $25 million...
...Although McLean has run in the black in recent years, administrators fear that rising health-care costs, increasingly restrictive government regulations, and the need for long overdue capital improvements may cause a severe fiscal crunch within the next decade...
...also well-known that HCA covets a Harvard affiliation for its prestige. Aligning with Harvard would make it easier for a company like HCA to affiliate with other teaching hospitals facing similar financial pressures. And, as one of the most respected psychiatric institutions in the country. McLean would be a flagship for the company's psychiatric line, which it is aggressively expanding...
...most immediate effect of the sale debate was that doctors were included on the committees considering the future of the hospital McLean General Director Dr. Francis de Marneffe said the discussions "increased the financial awareness of the staff of the problems a hospital faces in the years ahead...