‘For-profit’ hospital in Brooklyn shot down in state budget
In the final budget round, state lawmakers and Governor Andrew Cuomo have dropped a controversial proposal designed to bring an experimental for-profit hospital to Brooklyn.
On January 25, the Governor had proposed a pilot program that would allow business corporations to own and operate two hospitals in New York State, one to be located in Kings County.
For-profit chains have taken over non-profits in other states over the last couple of years, with promised benefits including increased capital investment, streamlined management and efficiencies of scale. But the benefits to patients have not always appeared and many health care advocates have expressed reservations about their spread.