Currently closed Long Beach (N.Y.)
The 162-bed hospital — which sustained heavy flooding damage from Hurricane Sandy in October — had fiscal and operational issues that would have necessitated a business model change even without the storm damage, the Health Department said, according to the report.
LBMC ranks ninth on the state's list of financially distressed hospitals and has experienced annual losses of more than $2 million since 2008, state Health Commissioner Nirav R. Shah wrote in a letter to the hospital's board of directors, according to the report. Dr. Shah recommended that LBMC merge with
The LBMC board of directors isn't opposed to a merger, but the
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