Myths vs. Truths at St. Vincent's Hospital
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Transcript of Myths vs. Truths at St. Vincent's Hospital
The Myths & Truths
on the Closure of
Myth 1
St. Vincent’s is a private hospital and
can close at any time.
The TRUTH
•Not-For-Profit•Public Health Law•Administrative Regulations
Myth 2
St. Vincent’s was run professionally by
experts in the medical field.
The TRUTH
•Run by outside consultants•$10 million for 10 Executives•Hundreds of Millions in Consultants
Myth 3
St. Vincent’s Board of Directors acted
responsibly.
The TRUTH
•Did not comply with Open Meetings Law•Actions taken in secret•Refused to bring in restructuring team in 2009
Myth 4
St. Vincent’s complied with the law in closing
the hospital.
The TRUTH
•Not-for-Profit•Public Health Law•Administrative Regulations•“Hiding” in Bankruptcy
Myth 5
St. Vincent’s made public disclosure of their
financial documents.
The TRUTH
•Failed to file with the AG for years as required by law•Never mentioned debts to Public Officials
Myth 6
St. Vincent’s was almost a billion dollars in debt.
The TRUTH
•Shifting of assets in 2001•St. Vincent’s absorbs all debt
Myth 7
An “urgent care” facility is as good as a Hospital.
The TRUTH
•Not an emergency room•No beds•Duane Reade?
Myth 8
Department of Health fulfilled its mandate to
oversee the operation of St. Vincent’s.
The TRUTH
•All actions cloaked in secrecy•No documents released to the public
Myth 9
The Charities Bureau at the Attorney General’s Office
ensured that St. Vincent’s complied with
the law.
The TRUTH
•Failed to file for three years•Incomplete Filings•“Not-for-Profit Enron”
Myth 10
This can’t happen again!
The TRUTH
•The future of Health Care if we don’t stop it.
Emergency Department Treatment
vs. Urgent Care Treatment
You cannot have an emergency room without a hospital!When you need to go to the
Emergency Room:If you have a serious condition - stroke,heart attack, severe bleeding, head
injuryor other major trauma don't take a
chancewith anything life threatening. The ER
isthe best place for these and other
criticalconditions, including:• Chest pain • Difficulty breathing • Severe bleeding or head trauma • Loss of consciousness • Sudden loss of vision or blurred
vision• Heart attack• Stroke• Diabetic shock• Car accident• Severe fall
When an Urgent Care Center canbetter meet your needs:• Minor burns or injuries • Sprains and strains • Coughs, colds, and sore
throats • Ear infections • Allergic reactions (non life-
threatening) • Fever or flu-like symptoms • Rash or other skin irritations • Mild asthma • Animal bites