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Major Hospital in New York Closes

May 5, 2010

St. Vincent’s Hospital, in New York, closed on Friday, several weeks after filing for bankruptcy and after attempts to merge with other area hospitals failed, reports The Wall Street Journal. The hospital’s closing has left 3,500 hospital workers unemployed.

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About the Author

Maria Di Mento

Senior Editor

Maria directs the Chronicle of Philanthropy’s annual Philanthropy 50, a comprehensive report on America’s most generous donors. She writes about wealthy philanthropists, family and legacy foundations, next generation philanthropy, arts organizations, key trends and insights related to high-net-worth donors, and other topics.