The hospital had $20 million in operating losses this year after losing market share to competitors in recent years, according to the report.
The hospital is currently considering bids from North Shore-Long Island Jewish Health System, NYU Langone Medical Center and Mount Sinai Hospital. North Shore-LIJ has offered to make Lenox Hill and affiliate, while North Shore-LIJ offered a full merger.
Some familiar with the bids support the affiliation as it would provide greater autonomy to Lenox Hill, while other believe only a true merger would improve operational efficiencies, according to the report.
Read Crain’s New York Business’ report on Lenox Hill Hospital.
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
