A decision by officials in Governor Cuomo’s administration to delay release of funds needed to finance the merger of Long Island College Hospital with SUNY Downstate Medical Center may have doomed the local health care facility, which could be forced to shut down next month.
New York Times: A struggling Brooklyn hospital is making plans to shut down in March after a decision by the Cuomo administration to delay grants to help finance a merger intended to rescue the institution, officials said on Wednesday.
The hospital, Long Island College Hospital, on the border of Cobble Hill and Brooklyn Heights, announced in October that it was merging with SUNY Downstate Medical Center, a major public university and medical center, as part of a deal put together last fall by former Gov. David A. Paterson and state health officials.
According to the Times story, Stanley Brezenoff, chairman of Continuum Health Partners, which now manages LICH, said the hospital is “running on fumes” and doesn’t have enough cash to last through next month.
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