your connection to The Boston Globe
Kathy McCabe | Business Notebook

Hospital rivals compete in Danvers

Outpatient facilities in the works for North Shore, Beverly hospitals

North Shore Medical Center in Salem and Beverly Hospital have long battled for profits and position across the North Shore. Now they're cross-town rivals in Danvers, where each is spending millions of dollars to build outpatient-care facilities on major roadways.

The $144 million Mass. General/North Shore Center for Outpatient Care, and a medical office building, are planned for Endicott Street, off Route 128, on land once part of Osram Sylvania's lighting headquarters. Across town, the $30 million Beverly Hospital at Danvers Medical and Day Surgery Center is under construction at the former Danvers State Hospital property on Route 62.

Town Manager Wayne P. Marquis said Danvers is happy to stake its claim as a medical hub. "Healthcare is a growth industry, and both of these facilities will serve not only Danvers, but the entire North Shore."

The Mass. General/North Shore center will pair local doctors and those from Boston side-by-side in a 122,000-square-foot outpatient center, and an 80,000-square-foot office building. "I think this [facility] will transform the way medical care is delivered here on the North Shore of Boston," Robert Norton, chief executive at North Shore Medical Center in Salem, said last week at a ceremonial groundbreaking for the new Mass. General/North Shore center.

The center will offer cardiac care, radiography, and day surgery. The North Shore Cancer Center, now at Centennial Park in Peabody, will relocate to the new facility, which is due to open in spring 2009.

Beverly Hospital's new center is to open on Nov. 14. The 99,000-square-foot facility will offer day surgery, sports medicine, breast health, cardiovascular care, and pain management. The $30 million facility, built on three floors, replaces the current Beverly Hospital Hunt Center on Lindall Street. In a statement, Stephen Laverty, chief executive of Beverly Hospital, said the new facility "will extend our ability to deliver comprehensive, high-quality care to residents of the North Shore area."

Credit union has new headquarters
Saugus Federal Credit Union is banking on its new headquarters on Main Street in Saugus to yield 10 to 15 percent growth for the institution, which has assets of $63 million.

"Interest rates are a little more favorable," said John Smolinsky, chief executive officer of the nonprofit credit union. "We think that, combined with the convenience of our new office, will benefit us."

The $3.6 million main office is off Route 1, near the Wakefield line. "We're in a good corner of Saugus," Smolinsky said. "We're near Wakefield and Melrose. Our demographic studies show there is opportunity here."

The credit union, which has about 8,000 members, serves Essex, Middlesex, and Suffolk counties. Its former headquarters in Cliftondale Square is now a branch. Smolinsky shuttles between the two locations. "We have a core group of people who use our Cliftondale office," he said. "We didn't want our new customers to walk in the front door, and our old ones to walk out the back. That wouldn't be good business."

200 N.H. firms join United Way drive
About 200 New Hampshire businesses have signed on for this year's workplace campaign sponsored by the United Way of the Greater Seacoast in Portsmouth.

Employees contributions are used to support housing, healthcare, transportation, and substance abuse issues in the Seacoast region. There is no announced fund-raising goal for this year's campaign, which started this month, a spokeswoman said.

"Any amount people give makes a difference," said Liza Dube, the agency's director of communications.

Money raised helps the United Way assist community organizations qualify for public and private grants. A $50,000 United Way grant last year helped the Community Prevention Coalition receive a $1.3 million federal grant to fight substance abuse in the Seacoast region. "The success of this year's campaign is crucial to enabling United Way to continue its momentum," said Richard Martell, chairman of the 2007 campaign.

Lieutenant Governor Timothy Murray will speak to the Malden Chamber of Commerce at 7:30 a.m. Wednesday in Anthony's of Malden at 105 Canal St. Tickets are $20 for chamber members, $25 for nonmembers. For more information, call the chamber at 781-322-4500.

"Succeeding in Small Business," a free seminar, will be held from 7:30 to 9 a.m. Thursday in suite 221E at 100 Cummings Center on Route 62 in Beverly. The Entrepreneur's Source, a business coaching firm, will present the seminar with Beverly National Bank. To register, call 978-232-0003 or e-mail

Kathy McCabe can be reached at

More from