A Greenwich Village medical center is on the brink of bankruptcy for the second time in five years. Saint Vincent's asked for a lifeline from its fellow Manhattan hospitals. One of them replied with an offer, but it's an offer that's making many people in the neighborhood concerned. WNYC’s Fred Mogul reports.
REPORTER: St. Vincent’s Medical Center is losing $5 to $10 million a month. Continuum Partners, which owns St. Luke’s Roosevelt and Beth Israel, came up with a proposal. Continuum would take over, but close most of the inpatient and surgical services and possibly eliminate St. Vincent’s emergency room. With the sides negotiating, neither would say much. Both issued terse statements about trying to come up with something that’s best for the community. Elected officials and hospital workers vowed to fight. State authorities must first sign off on any major changes.
A community meeting on the future of Saint Vincent's will take place in the Village tomorrow.
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