Sign In
Free Newsletter
Prime Healthcare Services was selected as the new owner of Saint Michael’s Medical Center in Newark.The winning figure, after 17 rounds of bidding, was $62 million. The bid put Prime ahead of Prospect Medical Holdings. Prospect bid $63 million, but a breakup fee for Prime would put Prospect’s bid $500,000 below its rival’s.
The final bid meets the minimum requirements of bond trustee New York Mellon, which filed a last minute objection to the sale, stating that a $60 million minimum would be required.
“It’s been a long and arduous process,” said Saint Michael’s CEO and President David Ricci.
Saint Michael’s was forced into Chapter 11 bankruptcy protection in August, when the state did not sign off on its sale to California-based Prime, which had been under review for more than two years. Subsequently, Prospect and Prime emerged as two prospective buyers.
U.S. Bankruptcy Court Judge Vincent Papalia ruled that bids for Saint Michael’s had to meet or beat Prime’s offer — which was $49 million, in addition to investing $25 million in the facility and keeping it open for five years.
In addition to the $13 million above to the stalking horse bid, Prime also agreed to invest a total of $50 million in capital improvements, rather than $25 million, over the next five years.
“Almost three years ago, Prime came to the table with the best offer to sustain the medical center,” Ricci said. “Today, they remain a committed partner and have renewed that commitment by paying $62.2 million and improving several material terms of their asset purchase agreement. Most critically, the Prime sale will ensure that Saint Michael’s has a vibrant future, continues to serve the community and preserves the more than 1,400 jobs of its dedicated staff.”
“The bankruptcy auction process brought out the best in these two high quality bidders. The board considered every aspect of the offers and meticulously exercised its fiduciary duty in selecting Prime. The hospital is looking forward to presenting Prime’s bid to the bankruptcy court for approval on Thursday and hopes that, given this rigorous sale process, the state will quickly issue all regulatory approvals,” said Michael Sirota, attorney for Saint Michael’s.
A hearing before Papalia is scheduled for Thursday, at which Prime will be recommended to the judge, who will ultimately approve or deny the sale.
Newsletter Category: One More Thing Sun
One More Thing Sun
Prime Healthcare Services was selected as the new owner of Saint Michael’s Medical Center in Newark.
="" decoding="async" srcset="https://originnjbiz.wpenginepowered.com/files/2015/11/AR-151109783.png 430w, https://originnjbiz.wpenginepowered.com/files/2015/11/AR-151109783-300x220.png 300w, https://originnjbiz.wpenginepowered.com/files/2015/11/AR-151109783-385x282.png 385w" sizes="(max-width: 430px) 100vw, 430px" /> NJBIZ names Business of the Year finalists
In addition, we will pay tribute to three remarkable Business of the Year Hall of Fame honorees. Our Executive of the Year and Hall of Fame honorees will be announced closer to the event.
These are the finalists for each of this year’s Business of the Year awards:
Business of the Year (1-50 employees)
Company: Ad Magic
Location: Netcong
Industry: Game Wholesaler/Merchant
Company: Dry Guys, LLC
Location: Woodstown
Industry: Home Improvement
Company: FieldView Solutions, Inc.
Location: Edison
Industry: Software
Company: InSite Engineering, LLC
Location: Manasquan
Industry: Engineering, Land Development
Company: Parts Life, Inc.
Location: Moorestown
Industry: Defense
Company: Prevalent, Inc.
Location: Warren
Industry: IT Security
Business of the Year (51-100 employees)
Company: Berkshire Hathaway HomeServices New Jersey Properties
Location: Somerset
Industry: Real Estate Brokerage
Company: Gibraltar Laboratories, Inc.
Location: Fairfield
Industry: Service
Company: Glebar Company
Location: Ramsey
Industry: Manufacturing
Company: Hollister Construction Services
Location: Parsippany
Industry: Construction Services
Company: RiverRoad Waste Solutions
Location: Tinton Falls
Industry: Environmental
Company: Solidia Technologies
Location: Piscataway
Industry: Cement and Concrete
Business of the Year (101+ employees)
Company: Capehart & Scatchard, P.A.
Location: Mount Laurel
Industry: Law
Company: Capitol Lighting
Location: East Hanover
Industry: Retail
Company: Community Investment Strategies
Location: Lawrenceville
Industry: Affordabe Housing
Company: CURE Auto Insurance
Location: Princeton
Industry: Insurance
Company: Majesco
Location: Morristown
Industry: Software
Company: Thermwell Products Co., Inc.
Location: Mahwah
Industry: Manufacturing
Corporate Citizen of the Year
Company: Columbia Bank
Location: Fair Lawn
Industry: Bank/Financial Services
Name: Troy Fischer
Title: General Manager
Company:Bridgewater Commons
Location: Bridgewater
Industry: Retail/SuperRegional Shopping Center
Name: Aaron Graff
Title: President and Chief Operating Officer
Company:Ferring Pharmaceuticals Inc.
Location: Parsippany
Industry: Pharmaceutical
Company: JLL
Location: East Rutherford
Industry: Real Estate
Company: LG Electronics USA
Location: Englewood Cliffs
Industry: Electronics and Appliances
Name: Andrew Scott
Title: Principal
Company:Flackman Goodman & Potter, LLP
Location: Ridgewood
Industry: Accounting
Emerging Business of the Year
Company: 3P Creative Group
Location: Highland Park
Industry: Inbound Marketing
Company: Catalogic Software
Location: Woodcliff Lake
Industry: Copy Data Management Software (Tech)
Company: Fortune Web Marketing
Location: Asbury Park
Industry: Internet Marketing & Consulting
Company: Marine Power Technologies LLC
Location: Somerville
Industry: Geophysical surveying/mapping services
Company: Watchful Software
Location: Medford
Industry: Data Security Software
NJBIZ announces 50 Fastest Growing Companies
NJBIZ is pleased to present the 2015 50 Fastest Growing Companies. This award celebrates the Garden State businesses that have demonstrated tremendous growth over the past three years.
The Top 50 companies will be honored and their ranking revealed live during an awards ceremony on Nov. 12, 2015. Winners will also be profiled in a special supplement that will be inserted into the Nov. 16 edition of NJBIZ.
These are the Top 50 companies, in alphabetical order:
Action Environmental Group
City: Teaneck
Industry: Waste and Recycling
Acuative
City: Fairfield
Industry: Information Technology
ADMA Biologics Inc.
City: Ramsey
Industry: Pharmaceutical
AMCS Corp.
City: Bedminster
Industry: Industrial Gasses
AmeriHealth New Jersey
City: Cranbury
Industry: Health Insurance
AnnieMac Home Mortgage
City: Mount Laurel
Industry: Mortgage Industry
Argo Turboserve Corp.
City: Lyndhurst
Industry: Supply Chain Management Services for Industrial, Nuclear and Aerospace Industries
Avaap Inc.
City: Edison
Industry: Information Technology
Axtria Inc.
City: Berkeley Heights
Industry: Software
Bear Staffing Services Corp.
City: Woodbury
Industry: Staffing
CardCash.com
City: Brick
Industry: E-commerce
Compunnel Software Group Inc.
City: Plainsboro
Industry: IT, Staff Augmentation
ConsultADD Inc.
City: Jersey City
Industry: Software and IT Services
CP Professional Services
City: Sparta
Industry: Life Science, Engineering, Architecture and Construction Management
Datapipe
City: Jersey City
Industry: Managed Services
daVIZta Inc.
City: Bridgewater
Industry: Health Care IT
Eglentowicz Demolition and Environmental Company
City: Kearny
Industry: Demolition and Environmental
Factor Systems Inc. dba Billtrust
City: Hamilton
Industry: Payment Cycle Management
Fintech Consulting LLC dba ApTask LLC
City: Edison
Industry: Staffing
GENEWIZ
City: South Plainfield
Industry: Biotechnology
High Point Solutions Inc.
City: Sparta
Industry: Technology
Hollister Construction Services
City: Parsippany
Industry: Construction Services
iCIMS Inc.
City: Matawan
Industry: Software-as-a-Service
Inflexion Interactive
City: Hoboken
Industry: Digital Marketing and Web Design and Development
International Vitamin Corp.
City: Freehold
Industry: Manufacturing
Intone Networks Inc.
City: Iselin
Industry: Software consultancy
Investors Bank
City: Short Hills
Industry: Banking/Financial Services
IT America Inc.
City: Edison
Industry: IT SERVICES
K. Moorea Co. LLC dba Traffic Plan
City: Farmingdale
Industry: Construction
Labor First LLC
City: Moorestown
Industry: Health Care Exchange Administrator
Lorven Technologies Inc.
City: Plainsboro
Industry: Software IT Consulting
Maser Consulting P.A.
City: Red Bank
Industry: A/E
Mindlance Inc.
City: Hoboken
Industry: STAFFING
Optima Global Solutions Inc.
City: Lawrenceville
Industry: Technology Consulting Services
PamTen Inc.
City: Princeton
Industry: IT Solutions and Development
Peloton Advantage
City: Parsippany
Industry: Medical Communications/Strategic Publication Planning
Pinnacle Freight System Inc.
City: Florence
Industry: Transportation and Warehousing
Precision Technologies Corp.
City: Kendall Park
Industry: IT Consulting Services
ProSight Specialty Insurance
City: Morristown
Industry: Financial Services
Pro-Tech Energy Solutions
City: Moorestown
Industry: Solar
RAB Lighting Inc.
City: Northvale
Industry: LED Lighting Manufacturer
San Antonio Broker Services Inc.
City: North Bergen
Industry: Transportation
SBS Group
City: Edison
Industry: Information Technology
Solar Landscape LLC
City: Neptune
Industry: Solar Energy
SPHERE Technology Solutions
City: Jersey City
Industry: Technology Software and Services
Technomax LLC
City: West Windsor
Industry: IT Consulting
The Rinaldi Group LLC
City: Secaucus
Industry: Construction Management / GC
Vitals
City: Lyndhurst
Industry: Internet
World Insurance Associates
City: Tinton Falls
Industry: Insurance broker
Yashi
City: Toms River
Industry: AdTech
For more information on the awards and the Nov. 12 event, click here.
For more information on NJBIZ’s calendar of events, click here.
To see the 2014 50 Fastest Growing Companies, click here.
N.J.’s Top 100 Privately Held Companies Who are the billion-dollar businesses?
They are the biggest privately held companies in New Jersey, with revenues ranging into the billions of dollars. They are manufacturers, IT firms, supermarket owners and more. You know many of their names. But do you know how they stack up against their Garden State peers?We’ve got the Top 100.
For Nos. 100 to 51, click here.
For Nos. 50 to 1, click here.
And for a list of the Top 5 companies in each county, click here.
Want more? Check out all of our lists here or personalize your own lists here (paid subscribers only).
NJBIZ names Forty Under 40 for 2015
NJBIZ is proud to present its Forty Under 40 honorees for 2015. These awards honor the New Jersey business community’s rising stars — the names to remember in the years to come. The accomplished young professionals chosen this year have many things in common, including making headlines in their field and sharing a commitment to business…But most of all, they share success and influence at a young age.
Nominees were required to be an owner, partner, president, c-suite executive or other senior-level manager working in New Jersey, and had to be 39 years old or younger as of Sept. 28, 2015.
An independent panel of judges chose the best 40 from a wide variety of candidates across a number of industries, based on criteria that included professional accomplishments, leadership, vision and community service.
Winners will be honored at an awards reception Monday, Sept. 28, at The Palace at Somerset Park.
For more information on the Forty Under 40 event, click here.
Which N.J. companies made the Inc. 5000 fastest-growth list?
Inc. revealed its annual Inc. 5000 list of the fastest-growing private companies in America this month, and 143 New Jersey firms earned a place on the list.They ranged in size from $2 million in revenue to more than $400 million, and some had revenue growth in the quadruple digit percentages.
The No. 1 company on the Inc. 5000 was Ultra Mobile, based in Costa Mesa, California. The virtual network operator had three-year revenue growth of 100,849 percent and 2014 revenue of $118.2 million.
The top company in New Jersey ranked 33rd on the overall list. That was GoPole, a Pompton Plains-based supplier of GoPro camera accessories. It recorded 7,693 percent three-year revenue growth, and posted 2014 revenue of $9.5 million.
The Garden State list was not dominated by small companies, however. Companies like Marketsmith, with more than $100 million in 2014 revenue, ranked among the New Jersey leaders — and, in the case of the Cedar Knolls marketing firm, in the Top 100 overall.
These are the Top 10 companies in New Jersey on the 2015 Inc. 5000 list of the fastest-growing private companies in America:
33. GoPole, 7,693% three-year revenue growth, $9.5 million in 2014 revenue;
85. ConsultADD, 3,662%, $6.7 million;
97. Marketsmith, 3,420%, $103 million;
113. USEReady, 3,059%, $15.4 million;
127. Bai Brands, 2,866%, $47.9 million;
206. Anchor Consultants, 2,045%, $35.6 million;
291. Appeagle, 1,566%, $2.6 million;
330. Re:think, 1,424%, $11.3 million;
348. CardCash.com, 1,349%, $94.7 million
366. Vijay Holdings, 1,293%, $10.1 million;
To see the New Jersey companies with revenue of $25 million or more that made the list, click here.
To see the New Jersey companies with revenue of less than $25 million that made the list, click here.
To see Inc.’s complete coverage, click here.
ALSO ON NJBIZ:
Christie’s efforts in N.H. not paying off in latest poll
When two become one: a year after RWJ-Somerset merger
$390M American Dream tax incentive is reapproved by EDA
Hackensack edges Morristown for state’s top hospital in prestigious U.S. News rankings
Hackensack University Medical Center was once again named the top hospital in New Jersey by the prestigious U.S. News & World Report Best Hospitals rankings, which were released Tuesday morning.Hackensack was nationally ranked in five of the identified specialties and rated “high performing” in six others, helping it earn the No. 4 overall honor in the New York City area.
Morristown Medical Center earned the No. 2 spot in the state and No. 5 in the area after being nationally ranked in four specialties and high performing in five others.
The Kessler Rehabilitation Institute in West Orange was the only other New Jersey hospital to earn a national ranking, finishing No. 3 overall for rehabilitation. Kessler, because it is not a general medical-surgical hospital, is not considered for the New Jersey or area ranking.
RELATED: For RWJ, Barnabas, bigger is better: Latest hospital merger will create state’s largest ($4.5B) system
Robert Wood Johnson University Hospital in New Brunswick (No. 8) and Jersey Shore University Medical Center in Neptune (tied for No. 10) were the only other state hospitals to make the area Top 10.
Only 144 of the nearly 5,000 hospitals that were analyzed earned a national ranking in even one specialty. Having five national rankings puts Hackensack among the Top 50 hospitals.
Of those 50, Hackensack was one of only five to be ranked as high performing in five common care rankings (knee replacement, hip replacement, COPD, heart failure and heart bypass surgery).
Robert C. Garrett, the CEO and president of Hackensack University Health Network, said he was thrilled to see the hospital be ranked so highly in so many areas of care.
“I’m obviously thrilled by Hackensack’s rankings in so many specialties, but I’m also proud of the fact Hackensack offers such complete care,” he said.
“If you need care for common ailments, you know you’re going to get great expertise and great hospital care at Hackensack. But if you need something more, if you need specialized care, I’ve been saying for years, you don’t have to go to New York City. We have it here, and these rankings prove it every year.”
Click here to subscribe to the NJBIZ Daily and other newsletters
Brian Gragnolati, CEO and president of Atlantic Health System, said the rankings affirm Morristown Medical Center’s commitment to providing quality care.
“Five years ago, Morristown Medical Center broke into the Top 50 hospital designation with its rankings in cardiology & heart surgery,” he said in a prepared statement. “Our efforts throughout the organization in bringing together top physicians to work collaboratively and our investments in facilities and technology have resulted in national and regional acclaim, but we strive for more. I am working with leaders throughout AHS to determine not only how to maintain our national recognition for Morristown Medical Center, but how to enhance other key services throughout our system that are critical to patients and their families.”
U.S. News evaluates hospitals in 16 adult specialties. In most specialties, it ranks the nation’s Top 50 hospitals and recognizes other high-performing hospitals that provide care at nearly the level of their nationally ranked peers.
Hackensack was nationally ranked in neurology and neurosurgery (No. 28 in the nation), cardiology and heart surgery (No. 42), urology (No. 42), orthopedics (No. 47) and geriatrics (No. 48).
Hackensack was high performing in cancer, ear nose and throat, gastroenterology and GI surgery, gynecology, nephrology and pulmonology.
Morristown was nationally ranked in orthopedics (No. 29), pulmonology (No. 45), cardiology and heart surgery (No. 45) and geriatrics (No. 50).
And it was high performing in gastroenterology and GI surgery, gynecology, nephrology, neurology and neurosurgery, and urology.
Other New Jersey hospitals ranked in the area include Saint Peter’s University Hospital in New Brunswick (tied for No. 12), University Medical Center of Princeton in Plainsboro (tied for No. 12), Overlook Medical Center in Summit (tied for No. 16) and Holy Name Medical Center in Teaneck (tied for No. 18), Riverview Medical Center in Red Bank (tied for No. 18), Valley Hospital in Ridgewood (tied for No. 24) and University Hospital in Newark (tied for No. 26).
For the complete U.S. News & World Report rankings, click here.
ALSO ON NJBIZ:
Lockheed buying helicopter maker Sikorsky for $7.1B; will be part of Mission Systems unit
Saint Clare’s CEO joining Saint Peter’s as president
NorthMarq arranges $51.85M refinance of multifamily property in Hackensack
NJBIZ presents the 50 Wealthiest New Jerseyans
Welcome to the first edition of NJBIZ’s 50 Wealthiest New Jerseyans, an inside look at the richest of the state’s many power players. Our slideshow features the state’s most affluent people, as well as their net worth and how they made their fortune.
Text and research compiled by freelance correspondent Martin C. Daks and illustrations by freelance artist Robyn Trimboli-Russo.
A careful reader will find that the list cuts across industries from technology to the financial sector and beyond. Compiling this special section was not simple, nor was it a task to be taken lightly.
When people think about mega-wealth, places like Silicon Valley — with its “Microsoft millionaires” and other digital elite — spring to mind. But New Jersey also has its share of individuals for whom six-figure amounts are no more than a rounding error. Clustered in North Jersey, they’re mostly middle-aged or older males, and unlike their West Coast counterparts, they’ve tended to make their fortunes from investing, instead of from pure technology plays.
Here is a look at why and how this was put together:
Why we did it:
We could have simply put together a list of New Jersey’s wealthiest people, but NJBIZ believes that readers — business owners, executives and other people on the way up — don’t just want numbers; they’re also looking for useful information.
That’s why we supplemented the raw numbers with a bit of background. We figured that revealing how these uber-wealthy got to the economic stratosphere might help others to reach those lofty heights. We also tell you a bit about their personal stories because success is about more than just numbers — each individual also brings his or her particular quirks, talents and other characteristics to the table.
How we did it:
Determining how much a person is worth is not an easy job. It means combing through publicly available documents, including news reports and Securities & Exchange Commission filings, and tapping other sources.
In some cases, net worth numbers were reported in reputable publications; where possible, we verified those values with our own research. When an individual’s wealth was tied to public companies, we dug into SEC filings and other documents; but the net worth of most of our 50 Wealthiest New Jerseyans is tied up in privately held companies that usually don’t divulge things like sales or market capitalization.
To determine their net worth, we first had to find a publicly held company that was in the same line of business. Then we dug up whatever information we could on the private company — gross sales, number of employees, production or sales volume and other metrics — and compared them to the public business’s number. We then developed a ratio (generally, the private firm’s size as a percentage of the public company) and applied it to the market capitalization of the publicly held firm to determine the valuation of the private company. If we were reasonably certain that the private firm is owned by more than one person, we allocated the valuation accordingly.
In some cases, the individual previously sold his or her company for a considerable sum. When that happened, we used the reported sales price as a guide to the person’s valuation.
We recognized that our numbers are estimates, so we backstopped our calculations twice: first, by running them by independent industry insiders who told us if they thought we were just about right, too low or too high. Then, we reached out to the Wealthy 50 (directly, when we could get a phone number or email, or through representatives when we couldn’t), ran the numbers by them and asked for their thoughts.
The responses — directly or through their legal or other representatives — varied. Some people disagreed with our estimate and provided reasonable proof of alternative numbers — in those cases, we adjusted our valuation. Others either said that we were wrong — but declined to provide us with a different number — or simply asked to be deleted from the list, without offering their own number. In those cases, we told them, we had no choice but to use our estimate.
This list was originally published in NJBIZ on June 29, 2015. All information included was based on research and information as of that date.
NJBIZ Healthcare Heroes winners named
The 2015 Healthcare Heroes awards program honors the best individuals and organizations that are making a significant impact on the quality of health care in New Jersey.
On Tuesday, the winners were named during a breakfast ceremony held at The Palace at Somerset Park in Somerset.
Horizon Blue Cross Blue Shield of New Jersey is the presenting sponsors of the program.
The major sponsors are CareOne Management LLC, Comcast Business, Hackensack University Medical Center and Brach Eichler LLC.
The supporting sponsors are the New Jersey Hospital Association and the New Jersey Innovation Institute, an NJIT Corporation.
The centerpiece sponsor is CareOne Management LLC.
Education Hero (Individual) — WINNER
Aly Cohen, Integrative Rheumatology Associates PC/The Smart Human LLC
Education Hero (Individual) — FINALISTS
Sidney Blanchard, Community Access Unlimited
Jeffrey Boscamp, Hackensack University Medical Center
Ruth Funderburk-Stanley, Francis E. Parker Memorial Home
Donna Mancuso, Robert Wood Johnson University Hospital Rahway
Education Hero (Organization) — WINNER
Organization: Liberty Science Center
Top executive: Paul Hoffman
Education Hero (Organization) — FINALISTS
Organization: AtlantiCare
Top executive: David Tilton
Organization: CentraState Healthcare System
Top executive: John Gribbin
Organization: Fairleigh Dickinson University | School of Pharmacy
Top executive: Michael Avaltroni
Organization: Meridian Health
Top executive: John K. Lloyd
Company: New Jersey Center for Tourette Syndrome & Associated Disorders Inc.
Top executive: Faith Rice
Healthcare Professional of the Year — WINNER
Jeffrey D. LeBenger, MD, FACS Summit Medical Group, Summit Health Management, Summit Medical Group Foundation
Healthcare Professional of the Year — FINALISTS
Robert C. Garrett, Hackensack University Health Network
Jessica Howard, Shore Medical Center
Michael Maron, Holy Name Medical Center
Louis Sasso, Robert Wood Johnson University Hospital
Darrell K. Terry, Newark Beth Israel Medical Center
Innovation Hero (Individual) — WINNER
Donald Sebastian, New Jersey Innovation Institute
Innovation Hero (Individual) — FINALISTS
Dennis Boos, University Hospital — Newark
Stuart Peltz, PTC Therapeutics
Shafiq Rab, Hackensack University Medical Center
Michael Renzi, Continuum Health Alliance
Lizzy Straus. CareOne Management LLC
Innovation Hero (Organization) — WINNER
Organization: Christopher & Dana Reeve Foundation
Top executive: Peter Wilderotter
NJBIZ General Counsel of the Year winners named
The 2015 NJBIZ General Counsel of the Year Awards honored the best lawyers serving as general counsels or chief legal officers for companies and organizations around the state. On Tuesday, the winners were named during a breakfast ceremony held at The Palace at Somerset Park in Somerset.
The fourth annual event celebrates the strong and vital legal advice that helps New Jersey companies thrive in an ever-changing and ever-more-complex business environment. Winners were chosen from worthy finalists in six categories, based on the type of organization and its size.
Update Legal and Update Discovery are the presenting sponsors of the program.
The major sponsors are Gibbons P.C., Archer & Greiner P.C. and K&L Gates.
The supporting sponsors are Princeton Legal Search Group, Hudson Court Reporting, Garfunkel Wild, Connell Foley and Barnabas Health Inc.
The video sponsor is FGV Media.
Healthcare – WINNER
Ann Gavzy
Title: Senior Vice President, Legal Affairs and General Counsel
Company: Meridian Health
Healthcare – FINALISTS
Rebecca Levy
Title: General Counsel and Chief Legal Officer
Company: Summit Medical Group/Summit Health Management
David Mebane
Title: Senior Vice President and General Counsel
Company: Barnabas Health Inc.
Deborah Cmielewski
Title: Vice President, General Counsel
Company: Armada Health Care LLC
Non-Profit or Government Organization – WINNER
Kathy Schulz
Title: Vice President, General Counsel and Secretary
Company: The Trustees of the Stevens Institute of Technology
Non-Profit or Government Organization – FINALISTS
John Chiappinelli
Title: Chief of Legal Affairs & Compliance
Company: VNA Health Group
Michael Ligorano
Title: General Counsel
Company: Diocese of Metuchen
Douglas Long
Title: Township Solicitor
Company: Deptford Township
Lawrence Powers
Title: General Counsel
Company: AIA-NJ
Holly Stern
Title: General Counsel and Secretary to the Board of Trustees
Company: New Jersey Institute of Technology
Private company with annual revenues over $500 MM – WINNER
Jim Van Horn
Title: Vice President, General Counsel and Secretary
Company: Sun Chemical Corporation
Private company with annual revenues over $500 MM – FINALISTS
Allison Berger
Title: Group Vice President and General Counsel
Company: Wakefern Food Corp.
Scott Brucker
Title: Senior Vice President and General Counsel
Company: NFI Inc.
David Cordero
Title: Vice President, Secretary and General Counsel
Company: Maserati North America Inc.
Jorge Gracia
Title: Senior Vice President and General Counsel
Company: Samsung Electronics America Inc.
Robert Marin
Title: Vice President, General Counsel and Secretary
Company: Panasonic Corporation of North America
Allen Waxman
Title: Senior Vice President, General Counsel and Corporate Secretary
Company: Eisai Inc.
Private company with annual revenues up to $500 MM – WINNER
Richard Berger
Title: Senior Vice President and General Counsel
Company: Russo Development LLC
Private company with annual revenues up to $500 MM – FINALISTS
Renard Barnes
Title: General Counsel
Company: AJS Shared Services LLC
David Berger
Title: Vice President, Legal Affairs
Company: West-Ward Pharmaceutical Corp.
John Mauro
Title: Chief Counsel and CAO
Company: FinPro Inc.
Shirleen Roberts
Title: General Counsel
Company: Heller Industrial Parks Inc.
Brad Shron
Title: Executive Vice President and General Counsel
Company: Prudential Center, New Jersey Devils and Philadelphia 76ers
Public company with annual revenues over $1 Billion – WINNER
Robert Ingato
Title: Executive Vice President, General Counsel and Secretary
Company: CIT Group Inc.
NJBIZ Healthcare Heroes finalists revealed
The 2015 NJBIZ Healthcare Heroes awards program celebrates individuals and organizations that are making a significant impact on the quality of health care in New Jersey. Here are this year’s finalists.
Winners will be announced at the event on June 23. For more information, click here.
Education Hero – Individual
Sidney Blanchard, Executive Director, Community Access Unlimited, Elizabeth
Dr. Jeffrey Boscamp, Vice President and Chief Academic Officer, Hackensack University Medical Center, Hackensack
Aly Cohen, Founder/Medical Director, Integrative Rheumatology Associates PC, Monroe Township
Ruth Funderburk, Concierge, Francis E Parker, Piscataway
Donna Mancuso, Manager, Marketing and Community Education, Robert Wood Johnson University Hospital – Rahway, Rahway
Education Hero – Organization
AtlantiCare, Egg Harbor Township
CentraState Healthcare System, Freehold
Fairleigh Dickinson University | School of Pharmacy, Florham Park
Liberty Science Center Inc., Jersey City
Meridian Health, Neptune
NJ Center for Tourette Syndrome and Associated Disorders, Somerville
Hospital of the Year – Organization
Children’s Hospital of New Jersey, Newark
Hackensack University Medical Center, Hackensack
Holy Name Medical Center, Teaneck
Jersey City Medical Center, Jersey City
Saint Barnabas Medical Center, Livingston
University Hospital, Newark
Healthcare Professional of the Year – Individual
Robert C. Garrett, President and Chief Executive Officer, Hackensack University Health Network, Hackensack
Jessica Howard, Pharmacist, Shore Medical Center, Somers Point
Jeffrey D. LeBenger, Chairman/CEO, Summit Medical Group, Berkeley Heights
Michael Maron, President and CEO, Holy Name Medical Center, Teaneck
Louis Sasso, Director of Emergency Preparedness, Robert Wood Johnson University Hospital, New Brunswick
Darrell Terry, Chief Operating Officer, Newark Beth Israel Hospital and Children’s Hospital of New Jersey, Newark
Innovation Hero – Individual
Dennis Boos, Director of Community Training and Emergency Management, University Hospital, Newark
Stuart Peltz, Chief Executive Officer, PTC Therapeutics, South Plainfield
Dr. Shafiq Rab, Vice President and Chief Information Officer, Hackensack University Medical Center, Hackensack
Michael Renzi, Chief Medical Officer, Continuum Health Alliance LLC, Marlton
Donald Sebastian, President and CEO, New Jersey Innovation Institute, Newark
Elizabeth Straus, Executive Vice President, CareOne, Fort Lee
Innovation Hero – Organization
Certara, Princeton
Christopher & Dana Reeve Foundation, Short Hills
NJ Alliance for Culture Change, Kinnelon
St. Joseph’s Regional Medical Center, Paterson
The Cochlear Implant Team at The Bristol-Myers Squibb Children’s Hospital at Robert Wood Johnson University Hospital and Rutgers Robert Wood Johnson Medical School, New Brunswick
Urban Healthcare Initiative Program, East Orange
Nurse of the Year – Individual
Debra Brouwer, Registered Nurse, Newark Beth Israel Medical Center and Children’s Hospital of New Jersey, Newark
Rosemary Hunt, Administrative Director of Nursing, Women’s Services, Hackensack University Medical Center, Hackensack
Paula O’Neill, RN, Nurse Educator and Co-Director, Department of Integrative Medicine, Raritan Bay Medical Center, Perth Amboy
Deanna Pinkham, Nurse, Critical Care Unit, Robert Wood Johnson University Hospital Rahway, Rahway
Lisa Rasimowicz, Director – Infection Control Services, Hunterdon Healthcare, Flemington
Maria Roesler, Director of Program Development and Palliative Care, Barnabas Health Hospice and Palliative Care, West Orange
Physician of the Year – Individual
Dr. Victor Almeida, Chair, Dept. of Emergency Services, Monmouth Medical Center, Long Branch
Dr. Patrick Anderson, Chairman of the OB/GYN Department, Newark Beth Israel Medical Center, Newark
Dr. Carman Ciervo, Chief Physician Executive, Kennedy Health, Voorhees
Dr. Joseph Feldman, Chairman of Emergency Services, Hackensack University Medical Center, Hackensack
Dr. Generosa Grana, Director of the MD Anderson Cancer Center at Cooper, Cooper University Health Care, Camden
Dr. Glen Tonnessen, Interventional Cardiologist, Hunterdon Medical Center, Flemington
Volunteer of the Year – Individual
Elizabeth Gilfillan, Volunteer, VNANNJ Board of Trustees, Visiting Nurse Association of Northern New Jersey, Morristown
Koreana Iman-Sample and Regina Reid, Product Manager/Provider Partnership Associate, AmeriHealth New Jersey, Cranbury
Walter Krug, Volunteer, Holy Name Medical Center, Teaneck
Michele Ochsner, Rutgers University Instructor/Co-Director, Occupational Training and Education Consortium School of Management and Labor Relations New Jersey Alliance of Culture Change, Princeton
Tushar Patel, President, Indian Health Camp of NJ-IHCNJ, Princeton
William Tansey, Cardiologist, Summit Medical Group, Short Hills
Mercedes laying off more than 250 workers in Montvale as part of move to Georgia
When Mercedes-Benz USA moves its headquarters from Montvale to the Atlanta area this summer, not everyone is going along for the ride.The German luxury automaker’s American unit issued a WARN notice this week saying 259 employees would be laid off as of June 30. In the notice, dated April 29, it added that while approximately 375 workers in Montvale were offered the opportunity to relocate, only 203 opted to do so.
Some of the carmaker’s approximately 1,000 employees in Montvale will remain in New Jersey, it has said.
WARN notices normally cover mass layoffs or facility closings as part of the Worker Adjustment and Retraining Notification Act of 1989.
ALSO ON NJBIZ:
Mercedes confirms HQ moving from Montvale to Atlanta
Georgia offered Mercedes more than $23M in incentives to move, report says
Christie draws on Mercedes departure in Chamber speech on N.J. business climate
