How SUNY lost more than $100M mismanaging LICH

From demand a hospital:

Sad update on LICH : The fix was in, but you don't have to keep taking this

Dear All : 

After the takeover, administrators at SUNY failed to credential LICH physicians under the SUNY umbrella, leading to a billing fiasco that cost SUNY at least $106 million, and this was likely the leading cause of the financial losses that Gov. Cuomo said was the reason he wanted to close LICH.  

Word on the street is that this financial crisis was intentionally manufactured and ordered behind-the-scenes, so that LICH could be driven into the ground.  The article shows that elected officials were aware of this situation.  Now, SUNY is trying to collect on the billings it could have sorted out before -- but didn't -- and SUNY is now trying toprofit from LICH's failure -- after SUNY had claimed in court proceedings, using questionable financial figures, that the hospital was basically insolvent.

It was no secret that Gov. Cuomo wanted to keep closing hospitals first begun under the Berger Commission.  Closing entire hospitals has been the underpinning of Gov. Cuomo's radical austerity cuts to the state's Medicaid program.  With revelations that the financial losses at LICH were preventable, voters must ask whether the SUNY Trustees, headed by H. Carl McCall, were simply following orders when SUNY apparently/intentionally bungled LICH's billing.  

The closure of LICH was preventable.  LICH was a viable hospital that was nearing profitability before the SUNY takeover.  Indeed, LICH had the best patient payer mix of any Brooklyn hospital.  If voters don't keep elected officials accountable, neither SUNY nor elected officials may ever be held responsible for the closure of LICH.  Since before the Rudin takedown of St. Vincent's, you've always had the power to speak up.  Now, just as then, you need to keep speaking up on behalf of your own community, and on behalf of the communities of others.  

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Shocker : How SUNY lost more than $100M mismanaging LICH

Failure to ‘credential’ doctors lost major insurance monies

Link :  http://www.brooklyneagle.com/articles/2014/8/5/shocker-how-suny-lost-more-100m-mismanaging-lich