St. Vincent Catholic Medical Centers, the largest Catholic hospital system in New York State, filed for bankruptcy protection yesterday morning, citing years of mounting debts and falling revenues.

St. Vincent officials said that services at the center’s seven hospitals and other health care facilities would not be affected by the Chapter 11 filing, and that no job cuts were planned. Within the past year, however, the St. Vincent system has been forced to close one hospital – St. Joseph’s in Flushing, Queens – and to begin the process of closing two more, Bayley Seton on Staten Island and St. Mary’s in Brooklyn.

Full story (This link will not be available for more than a few days.

FVArchives

FREE
VIEW