$240M sale of LICH to Fortis wins approval — finally

Attorney general and state comptroller end two-year search by signing off on sale

New York /
Oct.October 29, 2014 08:30 AM

The attorney general and the state’s comptroller signed off on SUNY’s sale of Long Island College Hospital to Fortis Property Group for $240 million.

The approval comes after a two-year process that involved multiple bidders and law suits.

Fortis will partner with NYU Langone Medical Center and Lutheran Medical Center, which will manage a freestanding emergency room and provide ancillary medical services, according to Capital NY.

Approval by the offices of The Attorney General And State Comptroller Demonstrate That The Contract Complies With All State Laws And The Court-mandated settlement agreement, and allows the full and seamless transition of the facility to commence immediately,” SUNY Chairman Carl McCall and SUNY Chancellor Nancy Zimpher said in a joint statement, according to the website.

Before the attorney general signed off on the deal, some members of the community protested the sale, arguing that the deal doesn’t take the community’s needs into account. [Capital NY] — Claire Moses


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