Hospital in Central Brooklyn Plans to Declare Bankruptcy
[NY Times] A financially troubled hospital serving a largely African-American and Caribbean niche of central Brooklyn is planning to declare bankruptcy this week, hospital officials said on Sunday, raising concerns that New York State may force it to close or merge with another facility.
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The hospital, Interfaith Medical Center, serving Bedford-Stuyvesant and Crown Heights, has been in and out of financial trouble for decades, with its survival assured only by infusions of state aid.
However, in difficult economic times, the Cuomo administration has not indicated a willingness to continue bailing out failing hospitals.
Posted by: Fred 2012-12-03