State of New York to help hospitals with closing expenses and paying off debts and additional money for those who will be picking up the slack from the closures and reduction of services..BD

The 23 hospitals and seven nursing homes in New York State that are to close or be merged under an effort to shrink the states giant hospital industry were notified yesterday that the state would give them more than $360 million to cover legal costs associated with closing and to pay off debts, state health officials said.

Hospitals Due to Close Are Given Money - New York Times

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