SUNY president to recommend closure of Long Island hospital
NY1, February 7, 2013
Hospital staff, elected officials and community members rallied last month to try to save Long Island College Hospital. It was a fight they've waged before. But now, it appears likely that the 150-year-old Cobble Hill medical institution known as LICH will close for good. "It was my assessment that looking at Long Island College Hospital, that we were losing so much money that it was going to damage the system itself," said Dr. John Williams, president of SUNY Downstate. "So I had to make a very tough decision." "If you look at my budget, 75 percent of my budget goes to payroll and benefits," he said. "That means you operate a hospital on 25 percent. That's a very, very difficult thing to do."
Most Viewed
Most Emailed
- Healthcare Leaders Seek Strategic Sweet Spot
- 3 Reasons Wellness Programs Fail
- CMS Issues Health Insurance Exchange Proposed Rules
- Patients Shoulder Nearly 25% of Medical Bills
- ACOs Widespread, Yet Challenged
- Healthcare Costs 'An Abomination' Says Senate Finance Committee Chair
- MGMA: Physician Compensation Increasingly Based on Quality Measures
- Healthcare Consolidation: M&A Not the Only Way
- 6 CNO-to-CEO Strategies
- PwC: Pace of Rising Medical Costs Slowing
