Deal Reached on Financially Strapped Long Island College Hospital

Friday, Feb 21, 2014  |  Updated 1:58 AM EDT
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Deal Reached on Financially Strapped NYC Hospital

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Deal Reached on Financially Strapped NYC Hospital

Gov. Cuomo announced an agreement Thursday on the future of Brooklyn's financially troubled Long Island College Hospital that would resolve litigation over the property and ensure that health care is provided there going forward. Brynn Gingras reports.
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Gov. Cuomo announced an agreement Thursday on the future of Brooklyn's financially troubled Long Island College Hospital that would resolve litigation over the property and ensure that health care is provided there going forward.

"Today's agreement is a victory for all parties involved and paves the way for putting a long-term, sustainable health care facility in place for the residents of Brooklyn," Cuomo said in a statement.

The State University of New York board oversees the hospital and has been trying to close it and sell it.

As public advocate, Mayor de Blasio joined other opponents in litigation to halt the sale.

Under the agreement announced Thursday, an expedited bidding process will be used to find a new owner. The deal must be approved by SUNY trustees and by the court.

Bidders will be required to offer medical care at the site but it was not immediately clear whether they would have to run a full-service hospital as community activists have demanded.

The agreement will allow SUNY to cease operating Long Island College Hospital by this May. Cuomo said the hospital has been losing an "unsustainable" $13 million a month.

"We are in the midst of a health care transformation here in New York state, and the reality is that yesterday's costly, inefficient models of delivering service are no longer viable options for tomorrow." Cuomo said.

De Blasio said proposals for the future of the hospital must ensure that the health care needs of the community are met.

He added, "There is more work ahead, but we are closer than ever to the long-term, sustainable solution all of us have sought."

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