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Article: As bailout talks resume, med center says it's improving.(Westchester Medical Center)
- Article from:
- Westchester County Business Journal
- Article date:
- July 4, 2005
- Author:
CopyrightCOPYRIGHT 2005 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As Westchester Medical Center remained just over halfway toward its stated $100 million survival goal this year, hospital representatives joined state lawmakers and aides to Gov. George E. Pataki last week in resuming talks toward the bailout package they failed to hammer out while the Legislature was in session.
The medical center says it can hold out through the summer, and even beyond, for its financial answer from Albany, after projecting last week that it would have enough cash on hand to last through this year.
"Unless there's some surprise in occupancy or some new wrinkle or something dramatically changed, we're good through the end of '05 and ...