Long Island College Hospital in Brooklyn, N.Y., will receive the $62 million in state funds needed to save the hospital through a merger with SUNY Downstate Medical Center, also in Brooklyn, according to a The Brooklyn Paper news release.
New York Gov. Andrew Cuomo announced Friday the state would honor a previous commitment by former Gov. David Paterson to help fund the merger through a program to improve efficiencies in the state's hospitals.
Earlier in the week, Gov. Cuomo announced the funds would be delayed as a part of cost-costing efforts. If the funds were withheld, LICH was expected to run out of cash in March, threatening its closure.
Read The Brooklyn Paper report on Long Island College Hospital.
Read more coverage on Long Island College Hospital:
- Brooklyn's Long Island College Hospital May Close in March Following Delay of Grants for Merger
New York Gov. Andrew Cuomo announced Friday the state would honor a previous commitment by former Gov. David Paterson to help fund the merger through a program to improve efficiencies in the state's hospitals.
Earlier in the week, Gov. Cuomo announced the funds would be delayed as a part of cost-costing efforts. If the funds were withheld, LICH was expected to run out of cash in March, threatening its closure.
Read The Brooklyn Paper report on Long Island College Hospital.
Read more coverage on Long Island College Hospital:
- Brooklyn's Long Island College Hospital May Close in March Following Delay of Grants for Merger