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Sitrin to open unit treating neurodegenerative diseases, creating 40 jobs

NEW HARTFORD, N.Y. — The Sitrin Health Care Center of New Hartford plans to open a 32-bed, long-term care unit for people who have neurodegenerative diseases, such as Huntington’s Disease (HD). The expansion, which Sitrin expects to open in January 2016, will create 40 jobs, the organization said in a news release Thursday. Sitrin is

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Excellus reports $55M operating loss in 2014 on losses in Medicaid Managed Care

DeWITT, N.Y. — Excellus BlueCross BlueShield reported an operating loss of $55 million last year, which it attributed primarily to losses in its Medicaid Managed Care line of business. Despite the operating loss, Excellus posted net income of $24 million in 2014, due to “stronger-than-expected” investment income, the insurer said in a news release issued

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