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                  When an Urgent Care Center can
Emergency Room:                             better meet your needs:
If you have a serious condition - stroke,   • Minor burns or injuries
heart attack, severe bleeding, head         • Sprains and strains
    injury                                  • Coughs, colds, and sore throats
or other major trauma don't take a          • Ear infections
    chance                                  • Allergic reactions (non life-
with anything life threatening. The ER          threatening)
    is                                      • Fever or flu-like symptoms
the best place for these and other          • Rash or other skin irritations
    critical
conditions, including:                      • Mild asthma
• Chest pain                                • Animal bites
• Difficulty breathing
• Severe bleeding or head trauma
• Loss of consciousness
• Sudden loss of vision or blurred
    vision
• Heart attack
• Stroke

Myths vs. Truths at St. Vincent's Hospital

  • 1.
    The Myths &Truths on the Closure of
  • 2.
    Myth 1 St. Vincent’sis a private hospital and can close at any time.
  • 3.
    The TRUTH •Not-For-Profit •Public HealthLaw •Administrative Regulations
  • 4.
    Myth 2 St. Vincent’s was run professionally by experts in the medical field.
  • 5.
    The TRUTH •Run byoutside consultants •$10 million for 10 Executives •Hundreds of Millions in Consultants
  • 6.
    Myth 3 St. Vincent’sBoard of Directors acted responsibly.
  • 7.
    The TRUTH •Did notcomply with Open Meetings Law •Actions taken in secret •Refused to bring in restructuring team in 2009
  • 8.
    Myth 4 St. Vincent’scomplied with the law in closing the hospital.
  • 9.
    The TRUTH •Not-for-Profit •Public HealthLaw •Administrative Regulations •“Hiding” in Bankruptcy
  • 10.
    Myth 5 St.Vincent’s made public disclosure of their financial documents.
  • 11.
    The TRUTH •Failed tofile with the AG for years as required by law •Never mentioned debts to Public Officials
  • 12.
    Myth 6 St. Vincent’swas almost a billion dollars in debt.
  • 13.
    The TRUTH •Shifting ofassets in 2001 •St. Vincent’s absorbs all debt
  • 14.
    Myth 7 An “urgentcare” facility is as good as a Hospital.
  • 15.
    The TRUTH •Not anemergency room •No beds •Duane Reade?
  • 16.
    Myth 8 Department ofHealth fulfilled its mandate to oversee the operation of St. Vincent’s.
  • 17.
    The TRUTH •All actionscloaked in secrecy •No documents released to the public
  • 18.
    Myth 9 The Charities Bureau at the Attorney General’s Office ensured that St. Vincent’s complied with the law.
  • 19.
    The TRUTH •Failed tofile for three years •Incomplete Filings •“Not-for-Profit Enron”
  • 20.
    Myth 10 This can’thappen again!
  • 21.
    The TRUTH •The futureof Health Care if we don’t stop it.
  • 22.
    Emergency Department Treatment vs. Urgent Care Treatment You cannot have an emergency room without a hospital! When you need to go to the When an Urgent Care Center can Emergency Room: better meet your needs: If you have a serious condition - stroke, • Minor burns or injuries heart attack, severe bleeding, head • Sprains and strains injury • Coughs, colds, and sore throats or other major trauma don't take a • Ear infections chance • Allergic reactions (non life- with anything life threatening. The ER threatening) is • Fever or flu-like symptoms the best place for these and other • Rash or other skin irritations critical conditions, including: • Mild asthma • Chest pain • Animal bites • Difficulty breathing • Severe bleeding or head trauma • Loss of consciousness • Sudden loss of vision or blurred vision • Heart attack • Stroke