Nassau County Hospital Seeks Another Round of Turnaround Advice

A Long Island hospital that treats some of the area’s most vulnerable residents is seeking another round of turnaround advice after an earlier recommendation to shut its inpatient unit and sell its nursing facility.

Nassau Health Care Corp. this month issued a request for advisers to help boost revenues and performance at the 530-bed Nassau University Medical Center and its 589-bed skilled nursing facility.

Like other so-called safety net hospitals, most of Nassau Medical’s patients are on publicly funded insurance -- about 80% according to a December report issued by Alvarez & Marsal, the advisers previously hired.

Medicare and ...