Main | Wednesday, April 07, 2010

NYC's St. Vincent's Hospital To Close

St. Vincent's Hospital in Manhattan's West Village voted to close itself last night after failing to resolve an estimated $700M in debt. The famed hospital served the gay community as a sort of ground zero during the early years of the AIDS pandemic.
The exact timing for the closing of St. Vincent’s Hospital Manhattan, which has about 400 inpatient beds, was not immediately clear, but the process of shutting down has already begun, and the State Department of Health will become involved to ensure an orderly closing. Elective surgeries are to end by April 14. “The decision to close St. Vincent’s Hospital Manhattan inpatient services was made only after the board, management and our advisers exhausted every possible alternative,” Alfred E. Smith IV, chairman of St. Vincent Catholic Medical Centers, said in a statement. They were unable to come up with a plan, he said, “to save the inpatient services at the hospital that has proudly served Manhattan’s West Side and downtown for 160 years.” [SNIP] With its vote, the board effectively closed the last Roman Catholic general hospital in New York, a beacon in Greenwich Village that has treated victims of calamities from the sinking of the Titanic to Sept. 11. In recent years, its management troubles were worsened by the difficult economics of the health care industry, changes in the fabric of a historic neighborhood and the low profit in religious work.
Gov. Paterson said yesterday that he hopes to salvage St. Vincent's HIV treatment center, but that would require finding a partner.

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