Fitness & Wellness Professional Services, LLC (F&WPS)
was formed to provide fitness and wellness services for the
advancement of the community’s health and well-being.
Partnering with hospitals to deliver full-service, hospital
affiliated fitness and wellness centers has been determined
to be the preferred approach to achieve the mission.
F&WPS not only provides its time-tested expertise but
contributes capital along with its hospital joint venture
partner. The equity structure of the relationship engenders
aligned interests and promotes the economic well being of
the enterprise. Additionally, a host of collateral benefits
accrue to the health care provider.
Gary Reidy- Mr. Reidy is one of the founding
managing members of Bayshore Fitness & Wellness Center
Hazlet, Bayshore Fitness & Wellness Center Old Bridge,
Princeton Fitness & Wellness Center, and RWJ Hamilton
Center for Health & Wellness and has been instrumental
to their success. Prior to his present position, Mr. Reidy
owned and operated Lifestyle Fitness Centers, highly successful
health clubs located throughout central and north New
Jersey from 1990 to 1998. Lifestyle Fitness sold its entire
operation on August 6, 1998. Prior to the sale, Mr. Reidy
was responsible for the start-up operations of all six
Lifestyle Clubs; hiring, management training, and sales.
Mr. Reidy also coordinated advertising and marketing activities.
Mr. Reidy is a pioneer in the industry, having implemented
wellness programming in the 1980’s. Mr. Reidy has
worked in the fitness industry for over thirty years.
Prior to 1990, he opened and operated approximately sixty
(60) fitness centers throughout the United States. Mr.
Reidy created his seed money by contracting with failing
fitness companies and turning them into profitable ventures.
Proceeding with an at risk approach he evaluated, planned
and executed “turn around” strategies with
no promise of remuneration. Once the distressed facilities
achieved profitability, Mr. Reidy received fifty (50%)
percent of the operating income. Repeated success in this
venue resulted in a substantial revenue stream for Mr.
Reidy.
Leslie Adelman Banks- Ms. Adelman Banks is also
one of the founding managing members of Bayshore Fitness
& Wellness Center of Hazlet, Bayshore Fitness &
Wellness Center Old Bridge, Princeton Fitness & Wellness
Center and RWJ Hamilton Center for Health & Wellness.
Prior to her present position, Ms. Adelman Banks, as a
seasoned attorney, spent twelve years specializing in
commercial, banking, bankruptcy, and transactional law.
For the last twelve years she has focused on bringing
a stronger wellness component into the fitness industry.
Ms. Adelman Banks has studied health care trends across
the country and incorporated extensive “wellness”
programs into the Lifestyle Fitness Centers. Ms. Adelman
Banks’ experience in operations comes not only from
representing Lifestyle for six years, but she has also
worked with Lifestyle in the negotiation, construction,
opening operations, and day to day operations of their
Springfield and Parsippany facilities. Ms. Adelman Banks,
along with Mr. Reidy, developed a turnkey health and wellness
center for Saint Barnabas Health Care System’s (Livingston,
New Jersey) ambulatory care center. The center was designed
specifically to meet the needs of special medical populations,
such as those individuals with diabetes, osteoporosis,
arthritis, post cardiac and orthopedic rehabilitation
conditions.
Stephen Kay - Mr. Kay joined the team in September
2002, leaving his position of 25 years as Executive Vice
President and Chief Operating Officer of Bayshore Community
Hospital, Holmdel, New Jersey. He is one of the managing
partners of Bayshore Fitness & Wellness Old Bridge,
Princeton Fitness & Wellness Center, and RWJ Hamilton
Center for Health & Wellness. Mr. Kay received a Bachelor
of Arts degree from Colgate University and a Masters of
Arts degree in Health Care Administration from George
Washington University. After serving a one-year student
residency at Bayshore Community Hospital, he was appointed
as its Administrative Assistant and in January 1980 he
became an Assistant Director. In February 1982, he was
promoted to Associate Director and in January 1984 he
assumed the position of Executive Vice President / Chief
Operating Officer. Mr. Kay is a member of the American
College of Healthcare Executives. As the chief operating
office he spearheaded Bayshore Hospital’s initiative
into the fitness and wellness arena, believing it was
not only a prudent financial investment, but also one
of the best community services a local hospital could
provide for its population.
Katharine Mann- Mrs. Mann left her position as
Chief Financial Officer with Bayshore Community Hospital
after twenty years of service. She is one of the managing
partners of Bayshore Fitness & Wellness Center Old
Bridge, Princeton Fitness & Wellness Center, and RWJ
Hamilton Center for Health & Wellness. Mrs. Mann joined
Bayshore Community Hospital in 1982 as Comptroller and
was promoted to Chief Financial Officer in January 1984.
Mrs. Mann was responsible for fiscal operations of the
Bayshore “parent” and all of its subsidiaries,
including the Hospital. Mrs. Mann received a Bachelor
of Arts degree from Dickinson College and a Masters of
Business Administration degree from Rutgers University.
She previously served in a controller’s position
at St. Elizabeth Hospital in Elizabeth, New Jersey and
as healthcare specialist in the audit department of Peat
Marwick Mitchell & Co., a public accounting firm.
She is a certified public accountant and a member of the
New Jersey Society of Certified Public Accountants. Mrs.
Mann and Mr. Kay served as Bayshore’s liaison for
the hospital’s first fitness and wellness center,
which opened in September 2000.
