Interfaith Medical Center gets $7.5 million to stay open until mid-February
Interfaith Medical Center got a lifeline Monday after a bankruptcy court judge approved $7.5 million for the hospital to stay open.
The state funds will only keep the troubled Brooklyn hospital open until Feb. 14, though advocates believe the measure was still a positive step.
The Bedford-Stuyvesant facility will receive $3.5 million immediately from the state and another $4 million in Vital Access Provider funds. More money may be provided if parties agree to terms by Feb. 10.
The news came after Gov. Andrew Cuomo and Mayor Bill de Blasio pled with the federal government Monday to act on the state’s $10 billion Medicaid Wavier request. Of those funds, $1 billion would be used to transform Brooklyn hospitals.
“The situation is critical. It’s especially critical in Brooklyn,” Cuomo said. “Hospitals in Brooklyn will close if we wait any longer.”
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