Some state funding and a quasi-merger have kept LICH open, for now. From the NY Times:
"Long Island College Hospital, known as LICH, has been at risk of closing since at least 2008, when its parent company, Continuum Health Partners, announced that the hospital was straining under the weight of $170 million in capital debt and proposed to shut down its maternity and pediatric operations. The State Health Department denied Continuum’s 2008 plan to close maternity and pediatric operations, leading to the search for a partner.
Governor Paterson said Thursday that the state would provide $40 million to support the merger. In 2009 the state gave LICH $22 million to help stabilize itself and to make it more attractive to a prospective partner."
Let's hope that that money got allocated, or that Cuomo will honor the deal.
Monday, November 8, 2010
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