Financial

Northwell Health takes steps to bail out ailing Brooklyn hospitals

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The New York State Department of Health announced today that Northwell Health was awarded a grant to prepare a feasibility and sustainability study that could pave the way for the hospital system to manage a network formed by Brooklyn’s financially challenged hospitals.

As Crain’s reported last month, the Cuomo administration has spent months in discussions with big hospital networks that had the resources to manage those troubled facilities and boost primary and outpatient care in Brooklyn. But none were willing to sacrifice their own bottom lines by helping the failing hospitals, until Northwell Health finally agreed to this feasibility study.

The system, formerly known as the North Shore-LIJ Health System, will examine potential management or partnership arrangements with one or more of these institutions: Brookdale University Hospital and Medical Center, Kingsbrook Jewish Medical Center, Interfaith Medical Center, Wyckoff Heights Medical Center and University Hospital Brooklyn.

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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