Board of Trustees Endorses and Authorizes SUNY to Finalize Agreement with Fortis for the Purchase of the LICH Complex and for NYU Langone Medical Center and Lutheran Health Care to Provide World-Class Medical Services

June 17, 2014

Agreement Remains Subject to the Board’s Final Approval

Buffalo – The State University of New York Board of Trustees today unanimously endorsed the agreement in principle with Fortis Property Group for the purchase of the former Long Island College Hospital (LICH) complex, authorizing the chancellor and SUNY to finalize the deal.

“The Board’s unanimous support of this agreement shows that we have achieved the right balance of health care for the community while beginning to ease the longstanding and damaging financial burden on the State University of New York,” said Chairman H. Carl McCall. “The Board is eager for SUNY to return its focus and resources on educating our students in Brooklyn and across the State of New York. We remain appreciative of Judge Johnny Lee Baynes’ leadership throughout this process as we continue to negotiate a final contract for consideration by this Board.”

Under the agreement in principle, there will be a seamless transition between SUNY and NYU Langone Medical Center to ensure continuous emergency medical services at LICH for the residents of Brooklyn as well as a guarantee to expand and diversify medical services offered to the Brooklyn community.

NYU Langone Medical Center's Certificate of Need application has been approved by the Department of Health, satisfying a major step in the regulatory process and expediting its ability to operate the emergency department under its own license. Additional Certificates of Need for an ambulatory surgery center and a Federally Qualified Health Center have been submitted.

The total sale price is $240 million plus additional funds to cover the full operating costs for SUNY to run the Emergency Department during the transition period and $5 million for a Community Foundation to address the ongoing healthcare needs of the community. The sale will be secured by a $24 million deposit, or 10 percent of the purchase price at contract.

To ensure that the future health care services are responsive to community needs, Fortis and NYU will establish a LICH Transformation Advisory Panel, a Clinical Advisory Panel and a Community Ombudsperson, and reserve additional space for the expansion of health care services and community space as determined by the assessment by the Transformation and Clinical Advisory panels.

Fortis has committed to construct a new state-of-the-art primary medical facility that will be subject to a 20-year deed restriction for medical use.

Per the Fortis / NYU proposal, the health care services to be provided or coordinated will include:

  • Free standing ED
  • Observation Beds
  • Urgent Care
  • Primary Care and Preventative
    • Dental
    • Pediatrics
    • Geriatric
    • OB/Gyn
    • Internal Medicine
  • Specialty Care
    • Cardiology
    • Gastroenterology
    • Orthopedics
    • Physiatry
    • Pulmonary
    • Urology
    • Rheumatology
    • Neurology
    • Rehabilitation/Physical Therapy
  • Full service satellite of NYU Langone Cancer Center/ a National Cancer Institute Cancer Center
  • Diagnostic Imaging
  • Office Based Surgery
    • GI Endoscopy
    • Bronchoscopy
    • Dermatology
  • Cardiac Health Diagnostic Center
  • Ambulatory Surgery
    • Orthopedics
    • Ear, Nose and Throat
    • Ophthalmology
    • Urology
    • Plastics
    • General Surgery
  • Behavioral Health
  • HIV Clinic

NYULMC and LHS will provide the community access to the following through other affiliations and partnerships:

  • Home Care
  • Long term Care
  • Dialysis

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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