New York Senator Launches Investigation Into Peninsula Hospital’s Bankruptcy

New York Senator Malcolm Smith (D-St. Albans) has launched an investigation into Peninsula Hospital’s reported bankruptcy and planned closure, according to a Your Nabe report.

Advertisement

Sen. Smith’s announcement closely follows the outcry of nurses and other hospital staff members of the Far Rockaway, N.Y., hospital who called for a hospital investigation. The hospital reportedly owes nearly $13 million to vendors, $2 million to the nursing home and still more to the union. Hospital officials submitted a plan for closure to the state Department of Health last week, but hospital employees are suspicious of whether the hospital’s planned closure is only about financials.

Additional rallies against the hospital’s planned closure are scheduled to take place this weekend. Peninsula Hospital’s parent company MediSys is working with the state Department of Health on the closure though no date has yet been set. The department did not comment on the ongoing investigation or rallies.

Read the news report about Peninsula Hospital’s planned closure.

Related Articles on Shuttered Hospitals:

Cash-Strapped Southwest Alabama Medical Center Abruptly Closes
Judge Approves NorthShore-LIJ’s Plan to Open Emergency Center at Shuttered St. Vincent’s
Bankrupt Physician-Owned Hospital in Pennsylvania to be Auctioned

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.

Advertisement

Next Up in Leadership & Management

  • Baylor College of Medicine and Texas Children’s Hospital established an affiliation more than 70 years ago in the Texas Medical…

  • Fitch revised Ontario, Calif.-based Prime Healthcare Services’ outlook to positive and affirms its “B” rating.  The revised outlook reflects Fitch’s…

  • Brentwood, Tenn.-based Lifepoint Health, a health system owned by private equity firm Apollo Global Management, has largely grown over the…

Advertisement

Comments are closed.