Windemere Shakeup Follows Severe Strain of Financial Losses
Leaders at the Martha's Vineyard Hospital announced yesterday that the administrator of the Windemere Nursing Home and Rehabilitation Center has resigned.
Tom Dresser, who took over the top post at Windemere eight months ago, resigned for personal reasons and to pursue other professional interests, according to a WNR board member who spoke with the Gazette late yesterday. WNR Inc. is the corporate name for Windemere.
Hospital chief financial officer Tim Walsh has taken over as acting director at Windemere. Mr. Walsh will also continue with his duties as CFO for both institutions. Mr. Walsh's background includes a degree in nursing home administration.
Windemere has been plagued by financial problems for years. The problems have continued to worsen despite changes in both management and ownership.
Late last year the hospital took over ownership of the nursing home, using hospital funds to pay off a $2.5 million bond. In December a management company that was running the nursing home left, and the hospital hired Mr. Dresser as the administrator.
Last month hospital managers reported continued operating losses at the nursing home for the first six months of the year. Windemere posted a $260,000 operating loss between Jan. 1 and June 30, more than five times the projected loss of $47,000.
Senior managers said the losses can be traced to stubborn labor shortages and the need to hire expensive outside agency help to staff the nursing home.
Early this summer the WNR board voted to eliminate outside contract labor.