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Reply to ""The Ethicist" on Sidwell's Hospice Purchase"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]First of all (as the current co-chair of TWH Family Council, my mother now lives there; my father passed away there), there are soooo many inaccuracies and half truths in many of these replies. First of all, don't confuse TWH with the residents. Those are separate and distinct groups with separate and distinct, very distinct agendas. Nor is the notion that Sidwell sends some great font of students to TWH to volunteer accurate, nor has it been in the almost decade my mother has lived there. The fact of the matter is, the property sold under market value because both Sidwell AND TWH entered into a confidentiality agreement that ensured that none of the potential alternatives for resident relocation could be explored. What might they be? Dual use facility with someone else running it. It's 6 acres after all. Incentivizing payment by setting funds aside to make sure that they could get placed in comparable facilities with private rooms in locations near their loved ones. More time. And that's to name but a few. Sidwell doesn't have to go into the business of nursing home care to have made it's choices more ethical. Both TWH and Sidwell just need to adjust their moral compass.[/quote] What would be a fair price? What is the incentive to sell under market value? You need to answer these questions or you just sound like sour grapes. [/quote] You mention more time. I would think that a transition period of almost 2 years (if TWH exercises 6 mo. leaseback option) is helpful for securing alternatives.[/quote]
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