State University of New York Downstate Medical Center also reportedly told hospital physicians they may receive termination letters. LICH, which has already suspended ambulance services, currently has a census of 18 patients but can hold up to 375 patients, according to the report.
SUNY Downstate has floated the idea of closing LICH for the past several months. LICH has been losing hundreds of millions of dollars since 2007, and it is losing about $15 million per month right now, an audit from New York Comptroller Thomas DiNapoli found in January. The fact LICH is still open is somewhat surprising because the audit said LICH would most likely be insolvent by May.
In May, SUNY officials proposed restructuring SUNY Downstate. Within that proposal, LICH would have either been sold or closed.
A tentative date for the hospital’s official closure was not given.
More Articles on Hospital Closures:
Shelby Regional Medical Center in Texas Closes Its Doors
LSU Closes Moss Regional, Gives Up Management of 3 Hospitals
9 Hospitals That Have Closed in 2013
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.