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St. Peter’s Health Partners Cancer Care: Providing Advanced Care, Close to Home

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By: Elizabeth Landry

Encompassing treatment centers at both St. Peter’s Hospital in Albany and Samaritan Hospital in Troy, St. Peter’s Health Partners (SPHP) Cancer Care has been providing advanced cancer care to patients in the greater Capital Region for more than 40 years. From outpatient chemotherapy and immunotherapy to surgical consultations and second opinions, the cancer team at SPHP strives to deliver patient-centered care during a time when it’s needed the most, directly within patients’ own communities.

“First and foremost, we can’t take a diagnosis of cancer away from a patient. But what we can do is make sure that the patient and their family and caregivers are not going through the journey alone,” said Nicholas Montalto, MD, Chief Medical Officer for SPHP Acute Care. “What we try to do is provide compassionate, evidence based care from the moment of diagnosis through treatment and recovery,” which includes a dedicated support structure to help patients and their families process their diagnosis, understand treatments, and even  receive assistance with out-ofpocket expenses like transportation and housing costs.

To accomplish this goal, SPHP offers a multi disciplinary, team approach involving medical oncologists, radiation oncologists, surgeons, nurses, pharmacists, social workers, rehabilitation specialists and palliative care specialists, Dr. Montalto explained.

Working together, these care providers offer treatments for a broad range of cancers and blood diseases, including breast cancer, colorectal cancer, gastrointestinal cancer, gynecologic cancer, head and neck cancer, lung cancer, and urologic cancer. Early detection and preventive measures are key – SPHP works with primary care physicians to
provide free cancer screenings, as well.

“The cancer care programs at St. Peter’s have been running for more than 40 years and are designed to offer a variety of services. In addition to the medical oncology and hematology program, we have a fantastic program of surgeons providing thoracic surgery, breast surgery, genitourinary surgery, and hepatobiliary surgery,” said John Weinhold, MD, acting Chief of Hematology Oncology Services at SPHP.

Enhanced Access to Nationally Ranked Care

Recent advancements in cancer care at SPHP demonstrate the organization’s commitment to providing patients with cutting-edge treatments and advanced care directly within their communities.

Last year, St. Peter’s Health Partners Medical Oncology announced that it is now a member of the Roswell Park Care Network, affording patients access to a nationally designated comprehensive cancer center.

This partnership with Roswell Park Comprehensive Cancer Center has brought access to front-line cancer expertise, advanced diagnostics, and innovative treatment options for patients across the Capital Region, as Dr. Montalto explained.

“Our partnership with Roswell Park has been one of the most exciting things, I think, to happen to St. Peter’s Health Partners. This affiliation with a comprehensive, nationally ranked, premier cancer center gives us access to everything a comprehensive cancer center offers. That can be access to clinical trials, to even more cutting-edge technology, and access to all the physician talent that exists at such a renowned cancer center,” Dr. Montalto said.

Through this connection to Roswell Park, SPHP has gained access to educational programs, medical grand rounds, and surgical grand rounds, as well, Dr. Weinhold explained. Clinical trials and research programs are essential for investigating the newest and best cancer treatments, and through the Roswell Park Care Network, providers and patients at SPHP can become involved in clinical trials as well as genomic and genetic testing, multidisciplinary case reviews, and advanced clinical pathways for more personalized cancer treatments. Along with a switch from emphasis on chemotherapy to more targeted therapies and immunotherapies based on patients’ personal genetic and molecular abnormalities, “we now have many treatments which are much easier to administer at home,” said Dr. Weinhold.

Many providers just coming out of training programs are increasingly concentrating on cancer sub-specialties, Dr. Weinhold also explained. The partnership with Roswell Park has increased SPHP’s access to networks of providers who are attuned to a wide range of specific cancers.

“With the connection with Roswell, we can speak with people who see a particular range of cancers, so for example, we can talk with someone who treats sarcomas, which are uncommon cancers. We can talk with someone who treats very unusual blood diseases. We
can take advantage of this connection and provide more coordinated care for patients to be seen by sub-specialists at Roswell. I think that offers a step up in care,” said Dr. Weinhold.

Utilizing Precision Robotics for Earlier Cancer Detection

Along with the exciting partnership with Roswell Park, SPHP has also recently obtained cutting edge technology that has allowed certain kinds of cancer to be detected at earlier stages. Pulmonologists and surgeons at SPHP can now use the ION Robotic System from Intuitive Surgical: a state-of-the-art, roboticassisted platform that provides minimally invasive biopsies of small, hard-to-reach lung nodules without an incision or needle through the chest wall. The first case using the ION robot was performed in a special endoscopy suite at Samaritan Hospital on June 12.

“ION bronchoscopy enables computer and robotic-assisted, highly accurate biopsies to be performed through the airway while the patient is sound asleep and comfortable. It allows us to place small coils that glow in the dark for about two weeks, facilitating identification of half-inch nodules in the operating room with infrared light. This process allows much earlier diagnosis and minimally invasive treatment using the da Vinci robot. Most of our patients who require lung surgery can now go home one day after surgery,” said Tracey Weigel, MD, a thoracic surgeon who recently joined Albany Thoracic & Esophageal Surgery. She utilizes the ION robot along with Joseph Seguel, MD, a pulmonologist with Pulmonary & Critical Care Services.

Dr. Seguel emphasized the impact the ION robot has made by allowing for faster, more accurate diagnosis, which is critical because lung cancer remains the leading cause of death in the U.S. and delay in diagnosis leads to a documented upstage in the disease. He also explained that procedures using the ION robot are much safer than previously used methods.

“Traditional methods of diagnosis include regular bronchoscopy and navigational bronchoscopy, which rely on creating a ‘breadcrumb’ trail to the abnormal CT finding – typically a nodule,” said Dr. Seguel. “ION offers a more stable option to get biopsies in a much safer way,” with CT-guided biopsy carrying an approximately 20% risk of lung injury, compared to the ION robot’s 5% risk of injury. Additionally, multiple locations can be sampled in one procedure, and additional testing to rule infections can be performed at the same time.

The ION robot also represents a strong partnership between the thoracic surgery and pulmonology teams at SPHP, as biopsies by the pulmonologists result in peripheral nodules being marked and ready for minimally invasive surgery within two weeks.

“Planning for procedures while evaluating airways and targets is a new collaborative effort to help deliver the best care to patients,” said Dr. Seguel.

Targeted Treatment with Decreased Side Effects

Another important advancement in cancer care at SPHP involves technology that’s not necessarily new, but that is now being used alongside enhanced imaging technology to provide direct benefits to a segment of patients diagnosed with prostate cancer. St. Peter’s Hospital and Capital Region Urology have begun utilizing High-Intensity Focused Ultrasound (HIFU) technology to provide minimally invasive prostate cancer treatments. While HIFU has existed for over 20 years, the technology, which uses targeted ultrasound waves to destroy cancer cells without incisions or radiation, is now being paired with more precise imaging scans to provide significant benefits for patients.

“HIFU has been used in the U.S., but its success has been variable,” said Brian Murray, MD, Chief of Urology at St. Peter’s Hospital. “There’s a new technology called PSMA PET scans, which are incredibly good at finding localized prostate cancer. We don’t want to treat someone with HIFU, or focal therapy, if there’s disease in many parts of the prostate, or if it’s already spread outside the prostate. The system we have now lets you really steer the focused ultrasound very accurately in the prostate to carve out this limited area where you know the cancer is. This series of advancements in technology has allowed this to become a mainstay treatment for people who have localized prostate cancer,” which is about 35% of men who have prostate cancer and need treatment.

The procedure using HIFU takes about two hours and is done under anesthesia in the hospital, Dr. Murray explained. Afterward, patients tend to experience very little pain or voiding symptoms. HIFU is approved to treat benign disease of the prostate as well as prostate cancer. Importantly, the treatment preserves healthy surrounding tissue and typically doesn’t leave patients with life-altering side effects like urinary incontinence and erectile dysfunction, which are more commonly experienced when the entire prostate is removed or radiated, Dr. Murray explained.

“By treating just part of the prostate, we avoid coming in contact with the nerves that lay just outside of the prostate, or which run through the prostate,” Dr. Murray said. “This means the treatment isn’t leaving patients with incontinence or erectile dysfunction, which are two of the main concerns men have when they decide to treat their prostate cancer.”

Since last fall, there have been more than 25 HIFU procedures performed at SPHP, and demand for this minimally invasive surgery is increasing as awareness of its availability grows. “With the data coming in now about outcomes, HIFU needs to be part of the treatment discussion. It won’t be suitable for every patient, but for the men who are candidates for this prostate-sparing surgery, the outcomes are huge regarding quality of life,” said Dr. Murray. “Being able to offer patients something that can treat the cancer and reduce side effects is really opening doors for a lot of people.”

Continued Investments in Patient-Centered Cancer Care

While HIFU technology has trickled down from other cancer applications to the treatment of prostate cancer, SPHP is continuing to invest in ultrasound technology for expanded urological treatments, as well. Whether it’s regarding robotics, targeted ultrasound treatment, or partnering with leading nationwide cancer care experts, investing in new technologies that benefit patient outcomes appears to be a common theme at SPHP.

“Dr. Hanks [President and CEO of SPHP] has been a strong advocate of robotics for SPHP. He has always supported the implementation of new technologies to help deliver care with cutting edge technology,” said Dr. Seguel.

Of course, all advancements in care come down to how patients are directly benefited when they come to SPHP and receive care in their own communities.

“People like coming to our cancer centers because they’re comfortable, peaceful places to  get treatment,” Dr. Weinhold said.

“It’s all about access,” added Dr. Montalto. “Allowing patients to stay in the community where they live and feel their strongest support is so important.”

Affordability in Health Care

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By Kathryn Ruscitto, Advisor

Interesting conversation with a patient last week about their mounting health care debt. Higher premiums, higher deductibles, higher co-pays, more out of formulary uncovered meds all adding up to $45,000 in annual out of pocket costs.

Which led me to examine, what are the themes emerging nationally in health care and is anything different in the projections. The same top issues appeared in all my research, with health care affordability moving to the top of concerns.

Affordability has become the defining health care issue in 2026, more than technology or even access. National polling shows most people now describe health care costs as unaffordable, and about half of adults report difficulty paying their medical bills, even with insurance.

Families feel squeezed at every point: paying premiums, meeting deductibles, and then facing co‑pays and surprise bills when they actually use care.

These financial pressures directly shape behavior. Patients delay tests, skip follow‑up, or  change providers based on what they think they can afford, while health systems under strain shorten visits, reduce staffing, or close services.

The result is the uneven care seen locally: some days the health system looks seamless; other days, cost and coverage barriers quietly derail care.

Medical debt is widespread and not limited to the uninsured. Tens of millions owe medical debt, and a substantial share of Americans experience “catastrophic” health costs where medical bills consume a large share of income after basic needs.

Managing Your Money states, “Healthcare providers, government programs and debt relief organizations offer various pathways to reduce or eliminate medical debt, but to take advantage of this type of relief, you’ll need to know which  options are available and how to navigate them effectively. “ What options do you offer patients to pay for care over time, seek outside relief, or navigate the programs that can help them? Do patients know who to speak with in your practice?

Insurers , and providers have multiple theories on what’s driving these increases, but the final impact rests with the patient. This picture looks unsustainable and calls us to look at how to reduce the patient impact. More preventative care without cost, better access using technology, employers creating purchasing of care and drugs? What are your associations advocating for the future? 

Resources

GRAPHIC
https://www.healthsystemtracker.org/brief/theburden-of-medical-debt-in-the-united-states/
https://www.commonwealthfund.org/topics
https://unitedstatesofcare.org/pr-2026-predictions/

Kathryn Ruscitto, Advisor, can be reached at linkedin.com/in/kathrynruscitto or at krusct@gmail.com

The Case for Mediation: A Better Path to Resolving Health Care Disputes

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Disputes in the health care sector are inevitable. Whether they arise between physicians in a group practice, between an ambulatory surgical center and its member surgeons, or between a hospital system and an affiliated provider, conflicts over governance, compensation, non compete agreements, or operational decisions can quickly consume the time, energy, and resources of all involved. Litigation has long been the default mechanism for resolving such conflicts, but it is rarely the best one. Mediatio —particularly when guided by an experienced health care attorney serving as mediator—offers a faster, more cost-effective, and more relationship-preserving alternative that deserves serious consideration.

Understanding Mediation in the Health Care Context

Mediation is a structured negotiation process in which a neutral third party—the mediator facilitates discussion between disputing parties to help them reach a mutually acceptable resolution. Unlike a judge or arbitrator, a mediator does not impose a decision. Instead, the mediator guides the conversation, helps each side understand the other’s perspective, and works to identify common ground. The process is voluntary, confidential, and entirely within the control of the participants. For health care organizations, where disagreements over call coverage, profit distributions, exclusivity arrangements, or operating agreements are deeply intertwined with ongoing professional relationships, this collaborative framework is far better suited than the adversarial nature of litigation.

The Value of an Experienced Health Care Attorney as Mediator

While any skilled mediator can facilitate a productive negotiation, health care disputes present unique complexities that make the selection of the mediator critically important. Health care is one of the most heavily regulated industries in the country, and disputes unfold against a backdrop of the Stark Law, the Anti-Kickback Statute, HIPAA, Medicare conditions of participation, and state licensure rules. A mediator who is also a seasoned health care attorney understands these regulatory guardrails and can help parties craft solutions that resolve their conflict while remaining compliant with the law. A generalist mediator may inadvertently facilitate an agreement that creates regulatory exposure down the road.

An experienced health care attorney also brings familiarity with the business structures common in the industry— partnership agreements, management services agreements, joint ventures for surgical centers, and hospital-physician alignment models. A mediator who has spent years advising on these arrangements can quickly grasp the substance of the dispute, ask the right questions, and keep the parties focused on what truly matters. This substantive fluency accelerates the process and reduces the time spent educating the mediator on industry basics. Moreover, a health care attorney can help the parties think beyond the immediate dispute to broader strategic considerations such as credentialing, payer contracts, referral networks, and succession planning, guiding them toward durable solutions that account for their future needs.

Preserving Professional Relationships

Physicians who share a practice, surgeons who operate at the same ambulatory surgical center, and hospital administrators who collaborate with medical staff must continue to work together long after a dispute is resolved. Litigation forces parties into opposing camps and often generates lasting animosity. Mediation encourages open communication and collaborative problem-solving, and because the parties themselves craft the resolution, they are far more likely to feel ownership over the outcome and to maintain a functional professional relationship going forward.

Confidentiality and Reputation Protection

Health care providers operate in a reputational environment where public disputes can have serious consequences. Court filings are generally public records, and even routine commercial disputes can raise questions about organizational stability. Mediation proceedings, by contrast, are confidential. Discussions are typically inadmissible in subsequent litigation, and settlement terms can be kept private, allowing parties to speak candidly and resolve their differences without public scrutiny.

Speed and Cost Efficiency

Litigation can take years to resolve, and for a physician practice or surgical center, the distraction can be as costly as the legal bills themselves. Mediation can often be scheduled within weeks and concluded in one or two sessions. The costs are a fraction of what litigation demands, and the time commitment is measured in days rather than years—invaluable for organizations operating on tight margins.

Flexibility and Creative Solutions

Courts are limited in the remedies they can provide—damages or injunctions that often fail to address underlying interests. Mediation allows parties to restructure governance arrangements, redesign compensation models, establish new protocols, or craft transitional arrangements that accommodate everyone’s legitimate interests. This flexibility is especially important in health care, where the operational realities of patient care require nuanced solutions tailored to the specific circumstances of the organization.

When to Consider Mediation

Mediation is most effective when parties have an ongoing relationship they wish to preserve, when confidentiality is important, and when the dispute involves interests beyond simple monetary claims. Health care leaders should consider incorporating mediation clauses into their operating agreements, partnership agreements, and service contracts—ideally specifying that the mediator be an attorney experienced in health care law. By agreeing in advance to mediate before resorting to litigation, parties establish a framework for constructive dispute resolution that reflects the collaborative values at the heart of health care delivery. The demands of modern health care leave little room for the prolonged disruption of courtroom battles, and mediation offers a path that honors both the business interests and the professional relationships that make health care organizations thrive.

If you have questions about these developments, please contact Marc S. Beckman (mbeckman@lippes.com), Bruce A. Smith (bsmith@lippes.com), or another one of our qualified Health Care Practice Team members at Lippes Mathias LLP.

Recruiting Doctors and Nurses: Strategies for Building a Strong Healthcare Workforce

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Ai Generated, Edited by K.C. Roberts

The healthcare industry depends on skilled doctors and nurses to deliver highquality patient care. However, recruiting qualified medical professionals has become increasingly challenging due to growing healthcare demands, workforce shortages, an aging population, and increased competition among healthcare organizations. Hospitals, clinics, nursing homes, and private practices must adopt innovative recruitment strategies to attract and retain top talent.

Successful recruitment goes beyond simply filling vacancies. It involves finding professionals who possess the right clinical skills, align with organizational values, and are committed to delivering compassionate patient care. By implementing effective recruitment practices, healthcare organizations can reduce staffing shortages, improve patient outcomes, and strengthen employee satisfaction.

The Growing Demand for Healthcare Professionals

The demand for doctors and nurses continues to rise worldwide. Population growth, increased life expectancy, and the prevalence of chronic diseases have significantly expanded the need for healthcare services. At the same time, many experienced healthcare workers are approaching retirement, creating additional staffing gaps.

This shortage places pressure on healthcare organizations to recruit qualified professionals quickly while maintaining high hiring standards. Competition for experienced physicians and nurses has become intense, making recruitment a strategic priority rather than a routine administrative task.

Challenges in Recruiting Doctors and Nurses

Healthcare organizations face several obstacles when recruiting medical professionals. Understanding these challenges is the first step toward developing effective hiring strategies.

1. Workforce Shortages

Many regions experience shortages of physicians, registered nurses, and specialized healthcare providers. Rural and underserved communities often face the greatest recruitment difficulties due to limited resources and fewer career opportunities.

2. High Competition

Large hospitals, private healthcare systems, and specialty clinics compete for the same pool of qualified candidates. Attractive compensation packages and career development opportunities often determine where candidates choose to work.

3. Licensing and Credentialing

Doctors and nurses must meet licensing, certification, and credentialing requirements before beginning employment. These processes can delay hiring and require careful verification.

4. Burnout and Turnover

Long working hours, emotional stress, and demanding work environments contribute to burnout among healthcare professionals. High turnover rates increase recruitment costs and disrupt continuity of patient care.

5. Geographic Limitations

Healthcare facilities located in remote or rural areas often struggle to attract qualified candidates due to fewer educational, recreational, and professional opportunities.

Effective Recruitment Strategies

Healthcare organizations can improve recruitment success by adopting a comprehensive and candidate-focused approach.

Build a Strong Employer Brand

Healthcare professionals seek employers that value employee well-being, professional growth, and quality patient care. Organizations should highlight their workplace culture, mission, employee success stories, and career advancement opportunities through their website and social media channels. A positive employer reputation helps attract candidates who are aligned with the organization’s values.

Offer Competitive Compensation

Salary remains an important factor in recruitment.

Competitive compensation packages should include:
• Attractive base salaries
• Performance bonuses
• Health insurance
• Retirement benefits
• Paid time off
• Continuing education support
• Student loan assistance
• Relocation assistance

These benefits can significantly improve
candidate interest and acceptance rates.

Utilize Multiple Recruitment Channels

Successful recruitment requires reaching candidates through various platforms, including:
• Healthcare job boards
• Professional networking sites
• Medical associations
• Nursing organizations
• University career centers
• Recruitment agencies
• Employee referral programs
Diversifying recruitment channels increases access to qualified candidates.

Develop Relationships with Educational Institutions

Hospitals and healthcare systems can build talent pipelines by partnering with medical schools, nursing colleges, and residency programs.

Internships, clinical rotations, scholarships, and residency placements allow organizations to identify promising candidates before graduation.

Streamline the Hiring Process

Healthcare professionals often receive multiple job offers simultaneously. Lengthy hiring procedures can result in losing qualified candidates.

Organizations should simplify application processes, reduce interview delays, and accelerate credential verification whenever possible. Clear communication throughout the recruitment process enhances the candidate experience.

Importance of Technology in Healthcare Recruitment

Technology has transformed healthcare recruitment by making hiring faster, more efficient, and data-driven.

Applicant Tracking Systems

Applicant Tracking Systems (ATS) help recruiters organize applications, screen resumes, schedule interviews, and manage candidate communication.

Artificial Intelligence

AI-powered recruitment tools can:
• Screen resumes
• Match candidate qualifications
• Predict hiring success
• Reduce administrative workload
• Improve recruitment efficiency
While AI assists with screening, final hiring decisions should always involve experienced healthcare recruiters and hiring managers.

Virtual Interviews

Video interviews allow organizations to connect with candidates regardless of location. Virtual recruitment is especially valuable for recruiting specialists and international healthcare professionals.

Social Media Recruiting

Platforms such as LinkedIn, Facebook, and professional medical communities enable recruiters to reach passive candidates who may not be actively searching for new positions.

Recruiting International Healthcare Professionals

Many healthcare organizations address workforce shortages by recruiting internationally trained doctors and nurses.

International recruitment requires careful attention to:
• Immigration regulations
• Professional licensing
• Credential verification
• Language proficiency
• Cultural orientation
• Relocation assistance
Providing mentorship and onboarding support helps international professionals successfully transition into new healthcare environments.

Retention Begins with Recruitment

Recruitment does not end when a candidate accepts an offer. Long-term retention starts during the hiring process. Organizations should clearly communicate:
• Job expectations
• Career advancement opportunities
• Workplace culture
• Training programs
• Leadership support
• Employee wellness initiatives
Realistic job previews help ensure candidates understand their responsibilities, reducing early turnover.

Creating an Attractive Workplace

Recruitment success is closely tied to employee satisfaction. Healthcare organizations that invest in their workforce are more likely to attract new talent.

Important workplace initiatives include:
• Flexible scheduling
• Safe staffing levels
• Professional development
• Leadership training
• Employee recognition programs
• Mental health support
• Wellness resources
• Collaborative work environments
Satisfied employees also become ambassadors who recommend their employer to colleagues.

Diversity and Inclusion in Healthcare Recruitment

A diverse healthcare workforce improves patient care by bringing different perspectives, experiences, and cultural understanding.

Inclusive recruitment practices include:
• Eliminating bias in job descriptions
• Using structured interviews
• Expanding recruitment outreach
• Promoting equal employment opportunities
• Supporting underrepresented groups
Patients often receive better care when healthcare teams reflect the diversity of the communities they serve.

Measuring Recruitment Success

Healthcare organizations should evaluate recruitment performance using measurable indicators such as:
• Time-to-fill positions
• Cost-per-hire
• Offer acceptance rate
• Employee retention rate
• Quality of hire
• Candidate satisfaction
• Hiring manager satisfaction
Regular analysis helps identify areas for improvement and ensures recruitment strategies remain effective.

The Future of Healthcare Recruitment

Healthcare recruitment continues to evolve with advances in technology, changing workforce expectations, and growing demand for specialized medical services.

Future recruitment trends include:
• Greater use of artificial intelligence
• Predictive workforce planning
• Remote and virtual recruitment
• Data-driven hiring decisions
• Increased emphasis on employee well-being
• Flexible work arrangements
• Enhanced employer branding
• Global talent acquisition
Organizations that adapt to these changes will be better positioned to secure skilled healthcare professionals in an increasingly competitive market.

Conclusion

Recruiting doctors and nurses is one of the most important responsibilities for healthcare organizations. The quality of patient care depends heavily on having qualified, compassionate, and dedicated healthcare professionals. As workforce shortages continue to challenge the healthcare industry, organizations must adopt strategic recruitment practices that combine competitive compensation, strong employer branding, technology, educational partnerships, and employee focused workplace cultures.

Successful recruitment extends beyond filling vacancies—it involves building long-term relationships with healthcare professionals and creating an environment where they can thrive. By investing in effective recruitment and retention strategies, healthcare organizations can ensure they have the skilled workforce needed to provide exceptional patient care today and in the future.

Albany Med Health System First Choice 2030

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By: Molly English-Bowers

It didn’t take long for newly named President and CEO Daniel T. Pickett III to begin transforming Albany Med Health System into his vision for the future. Pickett was appointed to the position in December 2025 and recently launched First Choice 2030.

“It’s very simple,” Pickett said of First Choice 2030. “It’s to be the first choice for patient experience, quality and clinical excellence.” The initiative will retain the System’s strengths while honing them to navigate the years ahead. “First Choice 2030 is about Albany Med continuing to be Albany Med and building on its history,” Pickett said. “It’s about positioning Albany Med Health System as the region’s trusted, connected and transformative academic health system.”

Albany Med Health System is the largest and only academic health system in northeastern New York and western New England. It includes Albany Medical Center, Albany Medical College, Columbia Memorial Health, Glens Falls Hospital, Saratoga Hospital, and Visiting Nurses.

It comprises 1,520 hospital beds, more than 900 physicians, and the region’s only Level 1 trauma center and children’s hospital. It is the Capital Region’s largest private employer with more than 16,000 employees and more than $6 billion in economic impact.

Pickett has been a part of the Albany Med Health System since 2012, serving on the boards of the Medical Center and Health System, including as the System Board chair.

“Our first focus is on what’s not going to change,” he said of the First Choice 2030 initiative. “Right now, we have four hospitals, a college, an outpatient practice, visiting nurses. We’ve got almost 1,000 doctors that operate across 100 different points of care. What’s not going to change is our passion for making sure we are operating as effectively as we can. “At the end of the day, if you’re focused on those things and doing them in an efficient way with increasing movement from volume to value, you’ll be a winner, and you’ll be first choice that’s what we’re working toward.”

Structured for Success

Albany Med Health System’s structure, including those 100 different points of care, ensures top-notch care. “We have three priorities,” said Pickett. “Patient experience, the quality and the clinical excellence.” Keeping those in mind, the system has been structured so that:

  • High-acuity specialty services are centered at Albany Medical Center Hospital.
  • Community hospitals, located in Glens Falls, Hudson and Saratoga Springs, provide strong local access and bring clinical specialization.
  • Patients can receive high-quality care very close to home, with seamless connection to Albany Medical Center when advanced or complex care is required.
  • Subspeciality programs are expanded based on regional demand and community need.

There always will be room for improvement to optimize patient satisfaction and outcomes. As part of introducing himself to staff, Pickett spent hours listening to their feedback about improving the quality of care throughout the Albany Med Health System.

“I’ve been to all of our communities,” he said. “I’ve talked with our team from the executive level right down to all the different places we support that provide care. My job is to help staff do more of what’s working and unblock the things that aren’t so they can do what they invested an incredible amount of time to do.”

When all these medical professionals work as a team, first-rate healthcare is the result. For example, Albany Med is the region’s only academic health system. That means the System cares for the most complex and high-risk patients, cases that other hospitals are not equipped to manage.

In addition, the demand for emergency services continues to grow in the Capital Region. As a result, Albany Medical Center Hospital is responding with plans to expand and enhance its adult trauma center. The project marks the first expansion of the hospital’s adult emergency department in 20 years.

“At the time of our last expansion, we saw an average of 57,000 patients per year,” said Denis Pauze, MD, chair of Albany Medical Center’s Department of Emergency Medicine. “Now, we are approaching 85,000. Growing our emergency department allows us to continue meeting that need for our patients, and the other hospitals who rely on us as well.”

Announced in July 2025, the $25 million project aims to add 7,000 square feet, increasing its footprint by nearly 25 percent and direct patient care space by 50 percent.

Albany Medical Center is the busiest trauma center in New York state, and the region’s only Level 1 adult and pediatric trauma center. The expansion project is expected to include:

  • More than 20 patient care rooms and an additional care zone for the most critically ill and complex patients, allowing for more seamless and appropriate care.
  • A redesigned triage area allowing faster assessment and prioritization of patients based on the severity of their conditions, resulting in enhanced patient safety.
  • An increase from two trauma bays to five, increasing capacity, improving efficiency, and enabling teams to concurrently treat multiple trauma patients.
  • Plans for dedicated geriatric care space.

Even before construction is complete, Albany Medical Center has implemented changes to care, including decreased wait times. “Not only are we growing to meet our mission—we continuously strive to improve upon how we deliver our mission,” said Jason Mouzakes, MD, president and CEO of Albany Medical Center Hospital. “Rethinking the blueprint for our emergency department and how patients move from arrival through discharge or hospital admission will allow us to transform the patient
experience.”

Other innovative changes to care delivery include a tiered triage response system deploying hospital-wide nurses and doctors during peak volumes, and a strengthened workforce through strategic recruitment and retention efforts with local nursing schools.

Farther north, Glens Falls Hospital’s Emergency Department will undergo its own expansion to  improve patient experience, patient flow, and patient outcomes. Construction is already underway to the Sheridan Emergency Department.

Enhancements include an additional 7,000 square feet, a dedicated CT scanner to help providers diagnose and treat patients faster and nearly double the number of rooms for the most seriously ill and behavioral health patients. Patients with more minor illnesses and injuries will have a dedicated treatment area, helping all patients receive the most efficient care possible.

“The Glens Falls Hospital Emergency Department is a truly invaluable regional resource, but in the three decades since the department was last renovated, the needs and expectations of patients—and the best practices and technologies of emergency medicine—have changed greatly,”said Paul Scimeca, president and CEO of Glens Falls Hospital. “This transformation will create the optimal physical space for our staff’s diagnostic and treatment expertise and skills while also enhancing our patients’ comfort, privacy, and personalized experience.”

Construction on both facilities is expected to be completed by the end of 2026.

Providing Pediatric Care

Albany Medical Center Hospital recognizes the importance of caring for children who are ill, at risk or in need of acute care. Albany Med operates the region’s only children’s hospital, pediatric emergency department, childhood cancer center, pediatric intensive care unit, and Level IV NICU.

Established in 1986, the Bernard & Millie Duker Children’s Hospital contains 125 beds devoted exclusively to the medical needs of patients under 18 years of age. It is the referral center for all seriously ill and injured children from 25 counties across upstate New York and western New England.

The children’s hospital is staffed by more than 140 physicians trained in 40 subspecialties, and more than 400 pediatric nurses, therapists, social workers, and child-life specialists. “The Bernard & Millie Duker Children’s Hospital, the region’s only children’s hospital, is a place we hope you never have to visit,” said Barbara E. Ostrov, MD, chief of service at the children’s hospital. “We take tremendous pride in knowing we are here in case your child should ever need world-class care, close to home.”

Implementing First Choice 2030 will require a leadership team well-versed in healthcare strategies. In January 2026, Tony James was named executive vice president of strategy, transformation, and corporate development.

“The Albany Med Health System is renowned in the Capital Region and beyond for its quality of care and the clinical expertise of its providers,” James said. “As the system continues to evolve and mature, I’m looking forward to developing and implementing strategies and solutions that will ensure we can continue to offer the highest quality and most efficient care to best serve the people of our communities and everyone who needs our services.”

In March, Jason Mouzakes, MD, was named president of Albany Medical Center Hospital. As such, he will oversee hospital operations, clinical strategy, workforce development, and quality and safety performance. He will be pivotal in advancing First Choice 2030.

“I am inspired every day by the talent, dedication and compassion of our teams,” Mouzakes said. “Together, we will advance First Choice 2030 by delivering exceptional quality, improving the patient and family experience, and ensuring access to the most advanced academic and specialty care for the communities we serve.”

The next step for First Choice 2030 is to align System hospitals around the new shared vision, mission, and strategy. That includes operating as one coordinated enterprise across all hospitals, while standardizing best practices in safety, quality, and patient experience.

For example, plans call for service line integration to improve referral pathways and connect patients with Albany Medical Center for complex and high-acuity care.

“Our goal is clear: To become the region’s trusted, connected and transformative academic health system — where excellence is measurable, access is seamless and alignment drives results,” Pickett said. 

From Service to Strategy Dr. Martin Stallone’s Path to Transforming Community Health

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By: Kimberly Graf

A Lifelong Commitment to Service

For as long as he can remember, Dr. Martin “Marty” Stallone has held two unwavering truths: he wanted to be a physician, and he wanted to serve his country. Both were anchored by clear purpose.

At age 13, during recovery from routine orthopedic surgery, he recognized that his passions didn’t always mirror those of peers who spent much of their time playing video games. To thrive, he needed both physical activity and mental rigor—an early awareness that would shape the trajectory of his life. Growing up near the United States Military Academy at West Point, and inspired by his grandfather, a World War II veteran, Stallone was surrounded by examples of service, discipline, and purpose.

That sense of direction was reinforced at home. His parents supported him at every step, instilling the values that would guide him forward. Today, he credits his wife and six children as his “team.” “Nothing I’ve done has been solo,” he says, “and they are always by my side.”

Dr. Stallone pursued both callings through Cornell University’s Air Force ROTC program, earning his Bachelor of Science and beginning a lifelong commitment to service. He went on to earn both an MD and MBA simultaneously from the University of Pennsylvania, and later an MA in National Security Policy Studies from the U.S. Naval War College. He also serves as an Air Force Colonel and has been with the New York Air National Guard for more than 28 years, the past seven as the New York State Air Surgeon. These accomplishments reflect a career built on discipline, leadership, and a breadth of perspective informed by medicine, business, and service.

Building Expertise on the Front Lines

As his career evolved, Dr. Stallone stepped into health system leadership roles, including serving as a hospitalist, physician leader, and former health system CEO, gaining a broader view of how care is delivered and where it often breaks down. He saw firsthand the pressures facing providers, the operational realities behind clinical decisions, and the importance of aligning strategy with real-world practice.

That philosophy continues to guide him: collaboration is essential, and understanding the system from every angle is key to improving outcomes.

Joining CDPHP®

That belief ultimately led him to Capital District Physicians’ Health Plan, Inc. (CDPHP®), a regional, not-for-profit health plan based in Latham, NY, and founded more than 40 years ago by local physicians committed to doing what’s right for the community. Already familiar with – and impressed by – the organization’s long-standing focus on keeping patients at the center of care, Dr. Stallone saw an opportunity to help advance that mission even further.

“You have to understand providers, the community, payors, and the people doing the work,” he explains. “That’s how you design programs that truly make a difference. CDPHP already has a strong foundation; my hope is to help take it to the next level.”

On December 1, 2025, Dr. Stallone joined CDPHP as Executive Vice President and Chief Healthcare Services Officer, bringing with him a rare combination of clinical expertise, operational leadership, and mission-first thinking. In this role, he is responsible for shaping the organization’s healthcare delivery strategy, spanning clinical quality, data-driven program design, and pharmacy management – all with a singular goal: supporting providers and improving outcomes for the members and communities CDPHP serves.

Vision for Partnership and Innovation

At the core of his vision is partnership. Drawing on his experience as both a physician and a former health system CEO, Stallone sees collaboration as the most effective path forward in an increasingly complex healthcare environment. He designs practical, sustainable, and impactful programs by grounding his strategy in the real challenges facing the healthcare system, including rising costs.

His approach focuses on solutions – including care coordination, clinical quality initiatives, and innovative pharmacy programs – that make a measurable difference in care while balancing access, affordability and effectiveness.

Rooted in the Community

Equally central to his leadership is a strong sense of local responsibility. As an employee driven, member-focused, and physician-founded health plan, CDPHP is dedicated to keeping the community healthy, happy, safe, and secure. “Our employees are helping support the health of family, friends, and neighbors,” he says. “That connection matters.” For Dr. Stallone, impact is greatest when everyone involved in care understands and engages with the communities they serve.

Looking Ahead

Dr. Stallone refers to CDPHP as a “true collaborator,” with strong expertise in bringing together providers, health systems, and community partners. A key example of this commitment is the health plan’s integration with the region’s largest independent multi specialty medical practice. In 2022, CDPHP and Community Care Physicians took a bold step to transform care for thousands of Capital Region residents, creating a more seamless, coordinated experience for both patients and their providers.

Dr. Stallone’s focus is on creating pathways that strengthen these existing relationships, while also improving coordination and delivering measurable improvements in care – all while staying true to the CDPHP mission.

From a determined child recovering from surgery to a physician, military leader, and now healthcare executive, Dr. Stallone’s journey reflects a lifetime shaped by curiosity, commitment, and collaboration. Those same principles now guide his work at CDPHP as he looks to the future with a clear goal: building a healthcare system that supports members, engages communities, and collaborates with providers.

Your Practice, Their Investment: New York Confronts Private Equity in Healthcare

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Natalia R. Beltre

Gregory T. Measer

To safeguard patient care from corporate interference in clinical decisionmaking, New York maintains one of the strictest corporate practice of medicine (“CPOM”) prohibitions in the United States. Under New York law, medical services may be provided only by licensed medical professionals, by professional entities that are owned and controlled exclusively by licensed medical professionals, or by hospitals and other entities expressly authorized under the Public Health Law.

Unlicensed investors typically structure their investments around these restrictions through the management service organization (“MSO”) – friendly professional corporation (“PC”) model. Under this arrangement, a PC contracts with an MSO to handle non-clinical and administrative functions in exchange for a management fee. Because the MSO never delivers clinical care and its fee is not tied to clinical services, investors can profit from the practice without triggering CPOM or fee-splitting prohibitions. Private equity firms have leveraged this model aggressively, investing more than one trillion dollars in healthcare transactions over the past decade.1 This surge of investment has sparked a wave of legislative responses across the country.

Effective this year, California codified its CPOM doctrine and also imposed new reporting obligations on MSOs, private equity groups, and hedge funds involved in material healthcare transactions. Legislators in Illinois, Indiana, Massachusetts, Minnesota, North Carolina, Oregon, Vermont and Washington have either introduced or passed similar bills, seeking to codify their own CPOM prohibitions, require notification of material transactions, or establish moratoriums on private equity investment in healthcare providers. 

New York was ahead of many of these states. In 2023, New York enacted its own Material Transactions Notification Law, requiring certain healthcare entities to notify the New York State Department of Health (the “DOH”) at least thirty days before the closing of any material transaction that would increase its in-state revenue by $25 million or more.

Most recently, New York State Senate Bill S8442 proposes to further codify New York’s CPOM doctrine and, in doing so, reshape the boundary between physician control and outside investment. While the bill’s stated purpose is to safeguard medical decision making from nonphysician interference, its practical effect would be to replace New York’s existing blanket prohibition on non-physician ownership with a statutory framework that, for the first time, permits unlicensed individuals and entities to collectively hold a minority ownership stake in PCs organized to practice medicine.

Under the proposed framework, physicians licensed in New York must hold the majority of each class of voting shares, constitute a majority of the board of directors, and serve in all officer positions except for the secretary and treasurer. These thresholds represent a floor, not a ceiling, as the bill authorizes the DOH to require that physicians hold more than a majority of voting shares and occupy more than a majority of board seats. The bill also amends Section 1508 of the Business Corporation Law to expressly provide that directors and officers of a medical PC “may include individuals who are not licensed to practice medicine in any state,” so long as the majority-physician requirements are satisfied and the president, chairperson of the board, and chief executive officer are licensed physicians.

These ownership concessions, however, come with governance restrictions that would directly affect MSO-PC arrangements. The bill prohibits a PC from transferring control over its “administrative, business, or clinical operations” unless it first executes a shareholder agreement for the benefit of its majority physician shareholders. It also limits the removal of directors and officers to a majority vote of shareholders or directors, or termination for cause (including breach of fiduciary duty, license revocation, fraud, or malfeasance). The bill further prohibits retaliation against licensees who report suspected legal violations to an MSO, a hospital, or a government authority, even if the disclosure violates a nondisclosure or non disparagement agreement. It also carves out exceptions for nonprofit corporations serving medically underserved populations, federally qualified health centers, and certain rural health clinics.

If S8442 becomes law, direct minority ownership may reduce investors’ reliance on the MSO model entirely in New York. Existing MSO-PC arrangements may need restructuring to comply with the new governance and shareholder agreement requirements. Ultimately, New York is one of many states confronting the role of private equity in healthcare, underscoring the importance of a state-by-state compliance strategy for medical practices and investors alike.

If you have questions about these developments, please contact Gregory T. Measer (gmeaser@lippes.com), Natalia R. Beltre (nbeltre@lippes.com), or another one of our qualified Health Care Practice Team members at Lippes Mathias LLP.

Source: Michael D. Goldhaber, Private Equity and Healthcare: Balancing Profit with Wellness, New York University’s Stern Center for Business and Human Rights 1, 6 (March 2026), https://bhr.stern.nyu. edu/wp content/uploads/2026/03/N UCBHR- PE-and Healthcare_Mar-10- FINAL-1.pdf

Albany Cardiothoracic Surgeons Delivers Expert, Innovative, Compassionate Heart Care

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By Elizabeth Landry

Chief of Cardiothoracic Surgery Chris Rokkas, MD (white coat) and Cardiothoracic Surgeon Stephanie Helmer, MD (scrubs) view heart images.

A practice of St. Peter’s Health Partners Medical Associates, Albany Cardiothoracic Surgeons is the sole provider of cardiac surgery at St. Peter’s Hospital in Albany, NY. In operation since 1955, it is the oldest heart surgery practice dedicated to cardiothoracic surgery in the Capital Region. With over seven decades of experience providing expert-level cardiothoracic surgery, Albany Cardiothoracic Surgeons has become a core aspect of cardiac care within the larger St. Peter’s health system, as Nicholas Montalto, MD, Chief Medical Officer, Acute Care at St. Peter’s Health Partners explained.

“Cardiothoracic surgery is a critical component of a comprehensive cardiac program at St. Peter’s Health Partners, ensuring that patients have access to a full spectrum of advanced heart care close to home,” Dr. Montalto said. “Beyond individual procedures, cardiothoracic surgery strengthens the overall quality of our regional cardiac program, which covers a wide area beyond the Capital Region – stretching into southwestern Vermont, western Massachusetts, north toward the Canadian border and south to the Kingston area.”

Dr. Montalto highlighted the practice’s four Board-Certified cardiac surgeons who bring extensive expertise in cardiac services, both surgical and procedural: Chief of Cardiothoracic Surgery Chris Rokkas, MD, Sulaiman Hasan, MD, Stephanie Helmer, MD, and Rebecca Phillip, MD. He pointed to the excellent cardiac care offered by the surgeons and their teams as a primary reason St. Peter’s cardiothoracic program has received several accolades over the years, such as being rated as high performing in several heart surgery areas including aortic valve surgery, heart attack and heart bypass surgery. St. Peter’s was also recently named Best Regional Hospital in the Capital Region by U.S. News & World Report, a title it has maintained for twelve consecutive years.

“The team’s surgical expertise enables them to not only perform traditional CABG (coronary artery bypass graft) procedures, but also virtually any complex cardiac condition,” explained Dr. Montalto. “Our surgeons specialize in repair and replacement of mitral and aortic valves as well as surgery for aortic aneurysms. This expertise is why St. Peter’s cardiac surgery is consistently ranked among the highest quality programs in New York state.”

Wide-Ranging, Complex Heart Surgery to Meet Patients’ Needs

Having held Cardiac Surgery Chief positions at many academic universities, Dr. Rokkas has extensive expertise in complex surgery care, including aortic and mitral valvular replacement and repair, and he specializes in complex aortic surgery. Dr. Rokkas shared why he chose to join St. Peter’s Health Partners in July of 2025.

“I chose St. Peter’s to continue my career because of the great reputation the hospital has and its rich history in cardiac care,” Dr. Rokkas said. “There’s a lot of emphasis on cardiovascular disease, good results, and a good reputation, and that’s why I joined.”

One of the important recent developments with Albany Cardiothoracic Surgeons is the new Aortic Center opening this spring. Dr. Rokkas said this center will directly address the cardiac needs of the community.

“There is a community need for patients with aortic diseases to be followed and treated at a very specialized center. We have the expertise now at St. Peter’s Hospital to treat patients with complex aortic problems. We’re setting up a very specialized and focused clinic that will serve only patients with aortic disease, including aneurysms of the ascending aorta, aortic dissections and other aortopathies,” Dr. Rokkas explained.

Albany Cardiothoracic Surgeons is also focusing on a new heart failure program. A serious disease that kills hundreds of thousands of people each year, heart failure is a major epidemic across the country, Dr. Rokkas said.

“We are developing a specialized program to treat patients who come in for heart surgery for other conditions like coronary artery disease or heart valve issues and have heart failure,” he said. “We’ll have the technology to care for patients with heart failure at the same time when we’re handling coronary vascularization or heart valve replacement.”

Bypass surgery accounts for approximately 60% of the practices’ work, and Dr. Rokkas also highlighted an innovative technique the team uses for patients who need bypass surgery but who are unable to undergo angioplasty of their coronary arteries.

“These patients require the use of grafts from the legs and arms that is now performed endoscopically without large incisions. The result is faster recovery and less pain for patients,” he said.

Convenient, Quality Clinical and Surgical Care

Dr. Montalto described Dr. Phillip, who has been with Albany Cardiothoracic Surgeons for almost three years, as a provider who has “exceptional surgical skills and has interests in treating ischemic heart disease, valvular heart disease and heart failure.” Dr. Phillip explained the need for the recently established Heart Valve Clinic, which offers a oneday clinic experience for patients who are preparing for a traditional AVR (aortic valve replacement), a TAVR (transcatheter aortic valve replacement), or a mitral valve repair, which is also performed at St. Peter’s Hospital.

“The volume of patients needing an aortic valve replacement is increasing because we’re identifying the disease more frequently and also because we have new therapies to treat it,” Dr. Phillip said. “The TAVR valve is a minimally invasive option that has expanded in use over the last decade. Both AVR and TAVR come with a lot of imaging and preparation to plan for, so it’s much easier for patients and their families to come into the valve clinic and have all that preparation done in a streamlined way in one day,” especially benefitting patients who travel a significant distance to come to St. Peter’s, she added.

Dr. Phillip explained how the convenience of the Heart Valve Clinic also better serves referring providers. “It’s nice for primary care or cardiology providers that are elsewhere to send their patients to us,” she said. “It makes it a lot easier and more familiar for them because the surgeons and cardiologists are centralized here.”

Another way Albany Cardiothoracic Surgeons provides expert yet convenient surgical care for patients is through concomitant procedures, as described by Dr. Helmer, a surgeon with more than 20 years of experience and expertise in heart bypass surgery, heart valve surgery, and other conditions. Some of the heart procedures and surgeries at St. Peter’s can be performed in the same surgery – such as the Maze procedure for ablation of atrial fibrillation – bringing another level of convenience for patients.

“The Maze procedure can be done in addition to a mitral valve procedure, for example,” said Dr. Helmer. “If somebody has a history of a mitral valve leaking and a history of atrial fibrillation, we can take care of both of those problems at the same time.” Another example would be adding a clip to the left atrial appendage during a Maze procedure, decreasing the chance of a thrombus forming, which can often lead to a stroke. Many patients are also dependent on a pacemaker to help keep their arrhythmia under control, Dr. Helmer explained, and those patients can sometimes experience an infected or faulty lead in the pacemaker, which requires a lead extraction procedure.

“Over time, the lead can get stuck to the blood vessels and removing them has a little bit of a higher risk of trauma to those blood vessels. So, what we do is called a laser lead extraction. There aren’t many people who do this procedure – it’s kind of a rarity,” said Dr. Helmer.

Innovative Treatment Options for Optimized Outcomes

Speaking of her experience at St. Peter’s, Dr. Helmer specifically highlighted the level of care provided by the nursing staff in the operating room, intensive care unit, and the progressive care unit. “The nursing care in those units is phenomenal. They deserve a lot of credit because they do a really good job taking care of our patients,” she said.

Dr. Hasan, a surgeon with over 35 years of experience in complex cardiac surgery, echoed Dr. Helmer’s praise of the team at St. Peter’s. “It could possibly be the nicest place I’ve ever worked,” he shared. “The reason is many-fold, but we have a brilliant group of nurses, physician’s assistants, and nurse practitioners. We have very good coordination with the administration, and with each other.” One way the providers at Albany Cardiothoracic Surgeons excel at providing optimized patient outcomes is by minimizing the risks associated with blood transfusions, which can sometimes lead to immune reactions and other complications such as infections.

Dr. Hasan explained that cardiac surgeons primarily use circulatory support, or a heart lung machine, during heart surgery, which takes over the work of the heart and lungs. The  patient’s blood mingles with priming fluid in the machine, which causes hemoglobin levels to drop.

“The business of keeping that hemoglobin up and avoiding a transfusion involves several people. Once the heart starts to beat again, and we come off the bypass, the blood left in the machine is given back to the patient. It’s a meticulous technique and an expeditious operation,” Dr. Hasan said, adding that patients can also take iron and folic acid supplements as well as medications to stimulate bone marrow ahead of the procedure to help reduce dilution of the blood. These options are beneficial to all patients, he said, but especially those who may have personal or religious reasons to avoid blood transfusions.

Dr. Hasan also discussed other innovative procedures performed at St. Peter’s that provide better outcomes for patients. The cardiothoracic surgeons offer bypass surgery utilizing the internal mammary artery as opposed to leg veins, which has been shown to prolong survival and reduce re-operations and heart attacks, he said. Additionally, a procedure called valve sparing aortic root replacement allows patients to retain their own valve, rather than use a valve from animal tissue, which deteriorates over time.

Staying at the Cutting Edge of Cardiothoracic Surgery

The need for cardiovascular services in the Capital Region will continue to increase for several reasons, Dr. Montalto emphasized, including both an aging population and patients choosing to wait longer for preventative care compared to pre-pandemic levels. Dr. Montalto said the team at Albany Cardiothoracic Surgeons is preparing to meet this increased need by continuing to focus on minimally invasive techniques as well as the latest technologies.

“Our structural heart cardiac interventionalists are highly trained and experienced in the latest techniques, including TAVR, mitral clip, and Watchmen procedures,” he said. “Our cardiac electrophysiologists are experts at treating abnormal heart rhythms. Additionally, our vascular surgeons are expertly trained and experienced in minimally invasive endovascular surgical repair of aortic aneurysms. Our catheterization labs are stateof- the-art, and our staff is highly trained. We also have an accredited cardiac rehabilitation program to help patients in their recovery.”

For Dr. Montalto, all of this adds up to a skilled team that’s ready to continue providing expert, high-quality and compassionate care patients can depend on. “Our comprehensive cardiovascular program is expanding and fully prepared to meet the needs of patients, both locally and in communities beyond the Capital Region.” 

Referrals can be made to Albany Cardiothoracic Surgeons via Epic, or by calling 518-525-2525. The practice is located at 319 S. Manning Blvd., Suite 110A, Albany, NY 12208.

Bassett Medical Center Performs Network’s First Tambe® Procedure To Treat Aortic Aneurysm

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Minimally Invasive Treatment Can Dramatically Reduce Hospitalization and Recovery Time

The vascular surgery team at Bassett Medical Center successfully completed Bassett Healthcare Network’s first GORE® EXCLUDER® Thoracoabdominal Branch Endoprosthesis (TAMBE) procedure in October 2025.

The procedure was made possible through the use of Bassett Medical Center’s state-ofthe- art hybrid operating room (OR). TAMBE, which received FDA approval in 2024, is an innovative development in the treatment of complex aortic aneurysms, which can be potentially life threatening. The aorta is the largest artery in the body, responsible for supplying oxygenated blood to the cardiovascular system. An  aneurysm can form when a weak area or bulge develops in an artery’s wall. If untreated, an aneurysm could burst, leading to internal bleeding, or cause blood clots that can impact the flow of blood.

TAMBE is an all-in-one, branched device that is implanted to treat the aneurysm. After the patient is under anesthesia, it is inserted into the body through a small incision and, through the use of needle punctures and imaging, is guided into place.

Once in place, the vascular surgeon opens its portals so that graft extensions go into vessels to the lungs, intestines, and kidneys. These grafts open the artery and bolster its walls.

“This is a real advancement in the treatment of these types of aneurysms. 20 years ago, these procedures would require large incisions in the chest and abdomen, whichcame with a significant rate of mortality and risk of complications. Patients would typically be hospitalized for approximately two weeks and have rehabilitation after they were discharged. This procedure reduces that time to only a few days and can often remove rehab as a necessity. The patient who underwent this procedure went home after just a couple of days and is doing well.” – Shelby Cooper, MD, MPH, Chief of Vascular Surgery at Bassett Healthcare Network

Bassett Medical Center’s hybrid OR combines a traditional operating room with a complete angiography lab. An angiography lab is a specialized area where tests and procedures are performed to diagnose and treat diseases and conditions impacting the heart, arteries, and veins. It opened in January 2024 and has since expedited care, reduced the need for some patients to be transferred to other hospitals,
 and allowed for more complex procedures to be performed in one place and time, including this TAMBE procedure.

What Private Equity Really Means for Your Medical Practice

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Lynn Trentini, CIC, OneGroup, Business Insurance Account Executive

Private equity (PE) investment in healthcare has grown quickly, reshaping how medical practices run day to day. For physicians and practice owners, selling to a PE firm is a complex decision. It can open doors for growth and support, but it also brings challenges. —offering strategic advantages and potential pitfalls. In New York State, strict regulatory constraints add another layer of complexity that need to be understood before moving forward.

The Three-to-Five-Year Plan

Most PE firms typically work on a three-tofive- year investment plan and during that time they focus on raising the value of the practice thru steps such as: Consolidating smaller practices into larger networks

  •  Streamlining administrative functions via Management Services Organizations (MSOs)
  •  Improving billing and coding practices
  •  Introducing performance metrics and   financial targets

While this model can drive short-term profitability, critics argue it may prioritize financial returns over long-term patient care and physician autonomy.

Advantages of PE Ownership

• Capital Infusion: Immediate financial resources for technology upgrades, service expansion, or debt reduction.

• Operational Support: MSOs take time consuming tasks off your plate providing centralized human resources, IT, and compliance services, reducing administrative burdens and letting you focus more on patient care.

• Negotiating Power: Larger networks often secure better rates with insurers and suppliers.

• Exit Strategy: Helpful for physicians planning retirement or a transition with financial upside.

Disadvantages and Risks 

• Loss of Autonomy: Physicians may have less say in clinical decisions and staffing.

• Pressure to Perform: Aggressive financial targets can lead to higher patient volumes and shorter visits.

• Staffing Cuts: Cost-cutting measures may impact morale and the patient experience.

• Regulatory Challenges: In New York, corporate ownership restrictions require creative structuring through MSOs or joint ventures.

MSOs: Navigating Compliance

MSOs handle non-clinical operations while physicians stay in charge of medical decisions. This model lets private equity groups support and influence the business side without violating state rules that limit non-physician ownership.

New York’s Landscape

The state’s corporate practice of medicine doctrine limits direct ownership by nonphysicians. This means PE firms often succeed by focusing on specialties like dermatology and ophthalmology, where economies of scale and centralized services offer clear advantages.

Final Thoughts

Private equity can provide growth, efficiency, and financial stability—but not without trade offs. It can also change how physicians work and make decisions. The best approach is to balance the financial upside with the impact on autonomy and patient care. In regulated environments like New York, success depends on thoughtful structuring and a commitment to patient care.

Thinking about how private equity could impact your risk exposure or insurance needs?

OneGroup’s Risk Management and Insurance team can help you sort through your options and stay compliant as you plan for the future.

OneGroup is uniquely qualified to help physicians and medical practices with all of their business challenges. If you have any questions or would like additional information, please feel free to reach out to Lynn Trentini 518-698-9997, ltrentini@onegroup.com or Brian Hurley at 315-708-3635, bhurley@onegroup.com.

References

Commonwealth Fund. (2023a, November). Private equity’s role in health care. https:// www.commonwealthfund.org/publications/explainer/2023/nov/private-equity-rolehealth-care  

Medical Economics. (2023). Navigating the pros and cons of selling your medical practice to private equity. https://www.medicaleconomics.com/view/navigating-the-pros-and-consof-selling-your-medical-practice-to-privateequity 

American Journal of Medicine. (2023). What happens when private equity firms sell medical practices. https://www.amjmed.com/article/S0002-9343(23)00589-2/fulltext 

Commonwealth Fund. (2025, May). How private equity deals are reshaping your health care [Podcast]. https://www.commonwealthfund.org/publications/podcast/2025/may/how-private-equity-dealsare-reshaping-your-health-care

Harvard Business School Library. (n.d.).What happens when private equity firms sell medical practices. https://www.library.hbs.edu/working-knowledge/what-happens-whenprivate-equity-firms-sell-medical-practices