West 061316

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2 | CLICKS & BRICKS JUNE 13, 2016 | VOL. 52, No. 24

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS

13 | MEETINGS REVIVAL westfaironline.com

Burke gets OK for new residency program BY BILL HELTZEL bheltzel@westfairinc.com

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hysiatry is not exactly a familiar profession, but Burke Rehabilitation Hospital intends to advance the little known yet vital branch of medicine with a residency program that will train the next generation of practitioners. The hospital’s name contains the clue that makes the profession recognizable. Think of occupational therapy, physical therapy and speech therapy. But the field, also known as physical medicine and rehabilitation (PMR), is much more. Physiatrists are physicians who treat physical impairments affecting the brain, spinal cord, nerves, bones, joints, ligaments,

Dr. Karen Pechman, director of graduate medical education at Burke Rehabilitation Hospital. Photo by Bill Heltzel.

muscles and tendons — everything from traumatic brain injury to tennis elbow. “We maximize function and minimize pain,” said Dr. Karen Pechman, Burke’s director of graduate medical education. Physiatry is a young profession. The American Medical Association formally recognized the field as a specialty in 1946, though physicians had been practicing physical therapies for many years. Burke opened in 1915 and has been at the forefront of PMR. The 150-bed hospital in White Plains treats a broad variety of injuries and diseases: stroke, spinal cord injury, brain injury, amputation, joint replacement, complicated fractures, arthritis, cardiac and pul» BURKE, page 6

Tools for independence

CENTURY-OLD SENIOR CARE NONPROFIT SHIFTS FOCUS TO INNOVATIVE FUNDING BY RYAN DEFFENBAUGH

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rdeffenbaugh@westfairinc.com

century-old nonprofit operator of homes for seniors is shifting its focus to funding technologies that help keep seniors out of nursing facilities, reflecting a trend in the industry. Aging in America has built and maintained independent living facilities in New York City

and its suburbs since 1852. At one point the company managed 700 employees across several facilities and educational programs. Today, it is down to three employees and a partnership with one senior care facility. The stripped down nonprofit, which moved its office from the Bronx to 2975 Westchester Ave. in Purchase in March, announced

this spring that it would shift its focus. The nonprofit has millions of dollars from sales of its operations that it intends to use for investments and grants to companies that develop technology to help seniors live independently. It will also look to partner with other nonprofit organizations that provide senior services and housing. “We know that most seniors want to stay at home,” said William Smith, the CEO and president of Aging in America. “In order for that to happen, technology will have to play a much bigger role than it does today. So we’re looking at that instrument as a possible investment opportunity.” Smith has been CEO of Aging

in America for 23 years and in the long-term care business for 45. In that time, he said he has seen the financial environment shift in a way that makes it difficult for small nonprofits to maintain nursing homes or any other large senior care facilities. The combination of increasing costs from labor and state mandates, paired with a decrease in state and federal funding, have strained tight resources for small nonprofits. Smith said this provides an advantage to larger corporations in the senior care industry, as they can pool resources among several facilities for costs savings. “I think we are seeing the beginning of a shrinking of not-

for-profit entities, unless they are really huge and can sustain this battle with the outside funders,” Smith said.

EARLY PRACTITIONER

Aging in America traces its roots to very small beginnings. It started with just one resident. That was in 1852, when the Rev. Dr. Isaac Tuttle of St. Luke’s Church in the West Village rented a room near his church for an elderly congregant unable to care for herself. Tuttle quickly recognized that there were many women in the neighborhood in similar situations, so he rented an entire building at 543 Hudson St., » AGING, page 6


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