St. Vinny's gets $6M transfusion
Last Updated: 12:44 PM, February 8, 2010
Posted: 4:45 AM, February 8, 2010
Comments: 2
PrintIn a bid to keep cash-strapped St. Vincent's Hospital running through the end of the month, Gov. Paterson and the Greenwich Village medical center's creditors yesterday agreed to provide $6 million in emergency funding to keep the doors open.
But Paterson said management and unions will have to agree to a massive restructuring for St. Vincent's -- which is losing $5 million to $10 million a month -- to survive.
Sources told The Post that St. Vincent's would have to shrink to 150 beds from the current 440.
Paterson said "shared sacrifices" from all parties are now required to make St. Vincent's financially viable in the future.
State officials have expressed frustration that the unions, in particular, have not agreed to concessions, given the hospital's dire straits, sources said.
PostPics
Today in Pictures-
Day In Photos: Mar. 11, 2010
-
Celebrities Kissing
-
Celebrities and their dogs
-
Day In Photos: Mar. 10, 2010
-
Corey Haim dead at 38
Click on Each Photo
Most Popular
- How admen turned Lindsay trampy
- Mistress pageant
- Tinz dissed
- Carla Bruni denies affair rumors
- Why I hit Axl
- Tiger Woods mistress beauty pageant
- Celebrity Photos: Mar. 11, 2010
- Celebrities Kissing
- Stars who died too young
- A look inside NYC hotspot Mike's Apartment
- How admen turned Lindsay trampy
- Howard Stern crowns $75G Tiger trollop
- 'Other sis' did it
- Pol: Ban all salt from restaurant cooking
- Knicks set franchise mark for futility
Comments (0)