Peninsula Hospital Center will permanently close, bringing to an end a chaotic chapter in its life marked by six months in bankruptcy and a failed rescue attempt by an investor that had no experience in running a hospital.
The state Department of Health shut down the laboratory of the Far Rockaway hospital on Feb, 23, an action that sealed Peninsula’s fate. With no revenue from patient admissions for the past month, Peninsula no longer has sufficient working capital to stay open. Its affiliated nursing home will not shut down.
Read more: https://www.crainsnewyork.com/article/20120326/HEALTH_CARE/120329909#ixzz1qFmOrWDD
