SUNY Downstate signs contract to sell LICH

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NEW YORK (AP) – The State University of New York has signed a contract with Fortis Property Group for the financially strapped Long Island College Hospital.

SUNY announced the signing on Tuesday. The SUNY Board of Trustees had voted late last month to approve the agreement, which will include an emergency room and an ambulatory surgery center but not a full-service hospital.

Fortis is partnering with New York University’s Langone Medical Center, which is scheduled to take over operations at the facility from SUNY on Sept. 1.

The contract now has to be approved by the New York State attorney general and the state comptroller.
State officials said LICH had been losing $13 million a month.

Fortis has said it will be meeting with community leaders in coming weeks to discuss its plans.