Two Giant NYC Hospital Systems To Merge

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  1. This is a discussion on Two Giant NYC Hospital Systems To Merge in Nursing News, part of General Nursing ... Local media are reporting New York University-Langone and Continuum Health Partners have agreed to...

    Local media are reporting New York University-Langone and Continuum Health Partners have agreed to a merger. The deal would create one of the largest heathcare systems in New York City that would include such hospitals as NYU-Lagone, Beth Israel and St. Lukes-Rossevelt.

    http://www.nytimes.com/2012/06/07/nyregion/nyu-langone-and-continuum-agree-to-pursue-merger.html
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    http://allnurses.com/showthread.php?t=729608

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  3. 12 Comments so far...

  4. Guide
    needless to say, when any merger takes place it always brings some apprehension in some individuals, however, if the merger takes place in the correct manner it could benefit all parties involved. therefore, i wish them a successful partnership....aloha~
  5. As one alluded to during the Saint Vincent's crisis and often since, the era of stand alone/private hospitals is almost dead in NYC, and this merger will leave what? Only Beekman Downtown in Manhattan and Mount Sinai as the only private systems left in Manhattan if not The City, am not sure so would have to look it up.

    Just recently Richmond Universtiy Medical Center (formerly Saint Vincent's of Staten Island), formed a relationship with Mount Sinai, and the reason given was it probably couldn't survive going it alone.

    As for the proposed Continuum/NYU merger again saw this one coming once St. Vinny's in the Village shut down. Both systems have a major presence in lower Manhattan/East Village and now that St. V's is gone (replaced by a Urgent Care center run by NS-LIJ), there is a push to snap up patients in a local heathcare market that runs the Westside from about 34th street down to the Financial District (as Wall Street area is now called). The latter in the years since 9/11/01 has grown more and more residential but there is a serious lack of services.

    The last big merger was NYP/Columbia which almost fell apart over bruised egos and such as two different systems tried to blend with each other. What is certain nothing will happen until all major parties involved have had their taste. Physicans, unions, state and local elected officals, and others all will want to make sure they and or their own are "happy" before signing off on the deal.

    One small but interesting thing will be to see if Beth Israel keeps it's nursing school. When Downstate took over the troubled Long Island College Hospital everyone was told they had nothing to worry about regarding that program. Not long after the ink was dry on the deal the school was shut and nothing has been heard about reopening since. NYU's nursing school is part of the separate university so there's no direct conflict on that end.
    Lovely_RN and lindarn like this.
  6. *Update*

    Looks like the proposed merger is off for now. Continuum Partners has been approached by Mount Sinai hosptial system for a possible merger leaving NYU has been sidelined.
    http://www.nytimes.com/2012/06/22/ny...-steps-in.html
  7. Quote from DoGoodThenGo
    As one alluded to during the Saint Vincent's crisis and often since, the era of stand alone/private hospitals is almost dead in NYC, and this merger will leave what? Only Beekman Downtown in Manhattan and Mount Sinai as the only private systems left in Manhattan if not The City, am not sure so would have to look it up.
    I thought Beekman Downtown was part of NYP now ... am I right?
  8. Quote from Paco69
    I thought Beekman Downtown was part of NYP now ... am I right?
    Yeppers: New York Hospital | Downtown hospital in NYC

    Now that Saint Vinny's is gone Beekman is the only hospital for lower Manhattan/Financial District. Cannot see that lasting long as the area is fast becoming a huge residential district. Battery Park City alone is huge.
  9. Quote from DoGoodThenGo
    Yeppers: New York Hospital | Downtown hospital in NYC

    Now that Saint Vinny's is gone Beekman is the only hospital for lower Manhattan/Financial District. Cannot see that lasting long as the area is fast becoming a huge residential district. Battery Park City alone is huge.
    I know this is a dumb question (especially when we're talking about NYC now) ... but WHY on earth would they get rid of Beekman and leave all of lower Manhattan below 14th street without a hospital? Do they expect someone needing emergency treatment on Wall Street to be shuttled to Beth Israel? I can't imagine they would be taken to LICH in Brooklyn! I have been lamenting the closing of St. Vinny's since its closure. Such a shame!
  10. Quote from Paco69
    I know this is a dumb question (especially when we're talking about NYC now) ... but WHY on earth would they get rid of Beekman and leave all of lower Manhattan below 14th street without a hospital? Do they expect someone needing emergency treatment on Wall Street to be shuttled to Beth Israel? I can't imagine they would be taken to LICH in Brooklyn! I have been lamenting the closing of St. Vinny's since its closure. Such a shame!
    What one meant was that sooner or later another hospital or similar facility will have to be built to serve the rapdily growing residential population downtown.

    Suppose the new urgent care center planned for part of the former St. Vinny's campus by NS-LIJ *may* suit, but will have to wait and see what the place offers after it's up and running.
  11. Quote from DoGoodThenGo
    What one meant was that sooner or later another hospital or similar facility will have to be built to serve the rapdily growing residential population downtown.

    Suppose the new urgent care center planned for part of the former St. Vinny's campus by NS-LIJ *may* suit, but will have to wait and see what the place offers after it's up and running.
    OIC ... thanks for clarifying. The lack of air conditioning in this room has clouded my brain I certainly hope people come to their senses and provide a full-fledged hospital.
  12. Quote from Paco69
    OIC ... thanks for clarifying. The lack of air conditioning in this room has clouded my brain I certainly hope people come to their senses and provide a full-fledged hospital.
    Probaly not within our lifetimes or shouldn't bet upon it say within the next fifteen years or so.

    Now that Obamacare is the law of the land it will take awhile for things to settle down. No one is going to build a new hospital in that part of Manhattan until they are sure there is a need and it will be financially viable.

    IIRC both Beth Israel, NYU and Beekman have been busy expanding beds and facilities to take up the slack from the loss of St. Vinny's. Again once the urgent care center is open that should in theory take care of emergency patients until they are able to be transferred across down.

    Was just down that way last night and it breaks your heart to see the old St. Vinny's. It's being torn apart bit by bit by construction for the new upscale housing. Tragic.

    On another note read recently that upscale condos finally are done for the former St. Vinny's Mid-Town (the former St. Clare's Hospital) campus.