NEW YORK CITY-New York-Presbyterian Hospital has asked the New York State Department of Heath for permission to acquire troubled New York Downtown Hospital.
The deal would save the last remaining hospital in lower Manhattan after St. Vincent's Hospital shut its doors in 2010.
According to Crain's New York business, New York-Presbyterian Hospital officials wrote in its request last month to state officials that New York Downtown Hospital “has experienced persistent, significant financial difficulties that threaten its future viability.” They also stated that New York Hospital Downtown “is projected to have a significant operating loss in 2013, unless the current situation is changed.”
If approved, the 180-bed community hospital would become New York-Presbyterian's sixth campus.
“Our plan is for Downtown to remain a community hospital," said a New York-Presbyterian spokeswoman, declining to elaborate further to the newspaper. Jeffrey Menkes, Downtown's president and chief executive, declined to comment. See story in Crain's New York Business.
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