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The dinner will be held on on Tuesday, April 19 at the Glen Island Harbour Club in New Rochelle. Westchester Medical Center and Michael Israel, President and CEO, will be honored with the Corporate Citizenship award.
When Israel and his management team took the leadership reins at Westchester Medical Center in 2005, the Valhalla hospital was in critical condition. The facility had experienced several years of financial losses and many were concerned about the organization's future.
But under the skillful care of the management team and board, Westchester Medical Center has not only survived but thrived, growing from a $500 million organization to the nearly $1.2 billion Westchester Medical Center Health Network (WMCHealth) - a 1,400-bed healthcare system spanning several campuses and locations in the Hudson Valley.
Now, Westchester Medical Center reports 10 straight years of profitable operations and credit rating improvement, from junk to investment grade with a stable outlook. Today, WMCHealth employs more than 10,000 people, with nearly 3,000 attending physicians. WMCHealth supports numerous local organizations, educates the region's medical community, contributes $3 billion to the regional economy and provides care to tens of thousands of adults and children a year regardless of ability to pay.
Other award winners to be honored are:
Entrepreneurial Success: Steiner Sports in New Rochelle. Brandon Steiner, Founder and CEO, to accept the award.
Small Business Success: The Westchester Bank in White Plains. John Tolomer, President and CEO, to accept the award.
Women in Business Success: Wendy Wollner, Founder & President, Balancing Life’s Issues, Inc.
Family Owned Business: The College of Westchester in White Plains. Mary Beth Del Balzo, President, to accept the award.
Chairman’s Recognition Award: N. Dain's Sons Co., Inc. in Peekskill. Jeffrey Dain, President, to accept the award.
For more information about sponsorship opportunities for the Business Hall of Fame Awards Dinner, call (914) 948-2110 or visit www.thebcw.org
