“By pulling out of the deal in the eleventh hour, the prospective buyer confirms that it had failed…Summit Park patients, residents, medical staff and the people of Rockland County,” said Ed Day, Rockland County executive, at a press conference on Wednesday, according to the report.
The planned buyer, Sympaticare, didn’t participate in the press conference. The law firm represnting Sympaticare said the deadline for the deal wasn’t met due to pending litigation. Lawsuits opposing the sale were filed by the Civil Service Employees Association, which represents many of Summit Park’s workers.
More than 400 people will lose their jobs when Summit Park closes, according to the report.
More articles on hospital closures:
9 hospital closures so far in 2015
Coalition forms to prevent another hospital closure in Kansas
A state-by-state breakdown of 57 rural hospital closures
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