November 28, 2018

Around the nation: Bayada Home Health Care founder to give $20M to employees

Daily Briefing

    Mark Baiada, founder and former president of Bayada Home Health Care, last week announced that the company will be giving away $20 million to its roughly 32,000 employees, as the company prepares to become a nonprofit in January, in today's bite-sized hospital and health industry news from Alabama, New Jersey, and Virginia.

    • Alabama: The University of Alabama has added a new Bachelor of Science degree in addiction and recovery to its department of human development and family studies. The university has offered a minor in the subject since 2012. According to Tricia Witte, who coordinates new minor, interest in the program "grew rapidly," with 177 graduates taking the minor as of June (Enoch, Tuscaloosa News, 11/23).

    • New Jersey: Mark Baiada, founder and former president of Bayada Home Health Care, last week announced he will be giving away $20 million to its roughly 32,000 employees, as the company prepares to become a nonprofit in January. The amounts given will range from $50 to $15,000, based on how long employees have been with the company. Former employees will receive monetary gifts as well (Holly, Home Health Care News, 11/20).

    • Virginia: StoneSprings Hospital Center in Dulles has named Matt Mathias as CEO, effective Jan. 1. Mathias most recently served as COO of Clear Lake Regional Medical Center in Houston and has previously worked at HCA (Vaidya, Becker's Hospital Review, 11/26).

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