Merger Negotiations Should Begin
Having been on the medical staff of both St. John’s and Peninsula Hospitals for over 40 years, I have witnessed the ebb and flow of both hospitals’ financial health. However, unlike in prior decades, we now live in perilous times where financial failure is often a terminal event. The business of Medicine conforms to no known viable fiscal model, yet our two local hospitals continue to compete for “consumers,“ duplicate services, underuse expensive equipment and continue to plod along dreading the next cut in payments by government and commercial payers.
It is time for serious merger negotiations to begin.
Not theoretical discussions or letters of intention, but serious and earnest negotiations with high level assistance and encouragement from local and state politicians and leaders. The economics of scale would serve a merged and single medical center well.
A stable and viable health delivery system in the Rockaways is needed to keep pace with the renaissance of the peninsula region. Our patients deserve it, the hospital workers deserve it and a compassionate and caring medical community demand it.
MELVIN W. YOUNG, MD