NYU Langone Withdraws as Potential Merger Partner for New York's Lenox Hill Hospital

NYU Langone Medical Center has formally withdrawn as a potential merger partner for Lenox Hill Hospital, according to a report by Crain's New York Business.

NYU Langone withdrew after Lenox Hill said that it would not consider a full merger with the hospital, according to the report.

Lenox Hill suffered a $20 million operating loss last year and began exploring partnership opportunities in October. NYU, North Shore-Long Island Jewish Health System and Mount Sinai Hospital showed interest as potential partners, but only NYU and North Shore-LIJ were invited to submit merger proposals, according to the report.

NYU proposed a full merger while North Shore-LIJ proposed an affiliation that would allow Lenox Hill's current administrators to remain in control of the hospital.

Whether or not Lenox Hill will move forward with the North Shore-LIJ affiliate is unclear at this time.

Read Crain's New York Business's report on Lenox Hill hospital.

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