Long Island College Hospital Settlement Agreement Approved

February 25, 2014

New Request for Proposals To Be Issued, Presentation Scheduled for March 3

Brooklyn — The State University of New York today announced that the settlement agreement among all parties involved in the Long Island College Hospital litigation has been approved by Justice Baynes, Justice Demarest, the Appellate Division, and the Attorney General. As a result, SUNY will issue a new Request for Proposals (RFP), and will exit operations of the facility no later than May 2014, without interference.

“This agreement is a successful result that protects SUNY students and campuses across New York from the mounting fiscal crisis at LICH, while ensuring a viable long-term health care solution for the Brooklyn community,” said SUNY Board of Trustees Chairman H. Carl McCall. “We are grateful for the continued cooperation of elected leaders, community and labor groups, and the general public. I am confident that, together, we have reached an agreement that ensures an open and transparent RFP process, which will culminate in a new operator for LICH who can meet the needs of all interested parties.”

The new RFP, which will be issued tomorrow, Feb. 26, will seek a purchaser and new healthcare provider for the LICH campus in an expedited process, allowing until March 19 for submission of proposals and until March 26 for evaluation of those proposals. SUNY will also initiate the right-sizing of LICH staff while maintaining current services.

The court approved settlement agreement is available online.

All potential proposers are required to attend a presentation by petitioners, as follows:

Date:           Monday, March 3
Time:           5:00 p.m.
Location:     SUNY Optometry
                     33 West 42nd Street
                     New York NY

A minimum purchase price of $210 million has been set for the LICH facility and property, and proposals containing the most comprehensive suite of healthcare services as detailed in the RFP are eligible for higher scores.

About the State University of New York
The State University of New York is the largest comprehensive system of higher education in the United States, with 64 college and university campuses located within 30 miles of every home, school and business in the state. In 2015–16, SUNY served nearly 1.3 million students, including nearly 600,000 in credit-bearing courses and programs and more than 700,000 through continuing education and community outreach programs. SUNY students and faculty across the state make significant contributions to research and discovery, resulting in nearly $1 billion of externally sponsored activity each year. There are 3 million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunity, visit www.suny.edu.


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