MJGCMetropolitan Jewish Geriatric Center (a Metropolitan Jewish Health System facility; Brooklyn, NY)
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The Metropolitan Jewish Geriatric Center (MJGC), Inc., contributed to Elderplan to cover the startup costs for the first 36 months with the expectation that Elderplan would increase new revenue to MJGC's nursing homes and home care programs.
The high Elderplan losses have necessitated a re-evaluation of the future of the demonstration by MJGC. MJGC has various options, including finding a partner or a buyer for Elderplan or discontinuing the project.