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Deal Could Spell End of N.Y.’s St. Vincent’s Hospital
Nonprofit Continuum Health Partners, one of New York’s largest hospital systems, has made an offer to take over the financially ailing St. Vincent’s hospital, the city’s last Catholic general hospital, and turn it into an outpatient center, reports The New York Times.
St. Vincent’s has been losing millions of dollars a month and is facing a possible second bankruptcy three years after emerging from its first. The Greenwich Village hospital gained iconic status in the aftermath of the September 11, 2001, terror attacks, when it became a gathering place for people searching for loved ones.
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| Print article | This entry was posted by Andy Markowitz on January 28, 2010 at 11:39 am, and is filed under Social Entrepreneurship. Follow any responses to this post through RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed. |