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City Hospital System’s Fiscal Illness Headed From Shaky to Critical

By BOB HENNELLY
Posted 12/30/16

At a time when outside intervention seems more likely to hurt than help, NYC Health + Hospitals is racing toward insolvency.

By next June 30 the agency will have only enough cash on hand to operate for seven days, according to its own projections, stated a report issued Dec. 20 by New York State Comptroller Thomas P. DiNapoli.

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