Mount Sinai Beth Israel officials are expected to make an announcement soon "that it will cut its inpatient capacity after the hospital lost hundreds of millions of dollars over the past two years," Crain's reports.
This announcement is expected within the next two weeks, based on a message sent to union members by the New York State Nurses Association, per Crain's.
The timing comes after a report in the current issue of The Villager, which, citing three anonymous nurses, reported that the facility would be closing.
According to Crain's, top Mount Sinai officials refuted that story in an email sent to faculty, staff and students... a copy which Crain's republished:
“We are well aware of the understandable stress and confusion that has been caused by an inaccurate story in today’s Villager newspaper. We are working on a plan which will enhance existing services and develop new facilities in the Mount Sinai Beth Israel community. In the meantime, there will be no disruption in any of our patient care services.”
However, as Crain's pointed out, the email doesn't directly address whether the 856-bed teaching hospital will downsize.
As Gothamist noted: "since St. Vincent's Hospital shuttered in 2010, following a series of increasing layoffs, there have been just a handful of hospitals serving Lower Manhattan, the largest being Mount Sinai Beth Israel" at First Avenue and East 16th Street.
The former St. Vincent's is on its way to becoming a luxury condo complex called Greenwich Lane.
Imagine what developers would pay for Mount Sinai Beth Israel ... with its views of Stuyvesant Square Park off Second Avenue..
