Times are tough in all service industries, as well as in healthcare delivery. In many health systems, the acute hospital is not only a prime revenue-generator, it also is a service aggregate which can provide a multitude of care environments, within which specialty care and primary care can thrive.

So, imagine the public despondency among one financially troubled parochial hospital in NYC in response to a large city system’s plans to buy a revenue-hemorrhaging Catholic hospital in the city’s fabled Greenwich Village and turn it into an ambulatory care center. St. Vincent’s Hospital, home to the treatment of many of the city’s HIV positive and mentally ill indigent, has struggled to remain fiscally viable after emerging from bankruptcy only a few years ago.

One-hundred sixty years of charity care and national prominence the hospital earned in the months and years after 9/11 could be just a memory for New York’s last Catholic acute hospital if its buy-out is realized. | LINK

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