The financially troubled hospital is approximately $170 million in debt and recently laid off 300 employees, according to the report.
Additional details of the agreement have not been released.
The hospitals must now await state approval for the merger.
Read the Brooklyn Paper’s report on the Long Island College Hospital merger.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
