NUMC to receive $109.6 million bailout to stabilize hospital
The hospital has been close to closing to in the past.
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Gov. Kathy Hochul allocated millions in state funding to bail out an East Meadow hospital.
Nassau University Medical Center was awarded $109.6 million in state funding, the hospital confirms.
The millions in funding comes at a time when the hospital is working to stabilize its operations with new leadership.
Tom Stokes, the new CEO of Nassau Health Care Corporation said, “Gov. Hochul’s support affirms that our work is headed in the right direction. With this critical investment, we can continue building a stronger, more stable future for NUMC — one that delivers the quality, access, and accountability our residents deserve.”
Some of the funding, which comes from different places, was awarded last year.
A total of $25 million of $82.1 million awarded through the New York State Department of Health's Vital Access Provider Assurance Program was received in August 2025, changing the hospital's projected 2026 operating loss from $167.1 million to $82.5 million.
Gordon Tepper, a spokesperson for Hochul said, "NUMC’s previous leadership left the hospital in a deep financial hole because of years of mismanagement and an outright refusal to meet the state’s basic oversight requirements, putting patient care at risk. Governor Hochul stepped in with this VAPAP funding because the new team is finally complying with those standards and putting NUMC back on a path to fiscal stability and quality care"
The rest of the funding is tied to an Inter-Governmental Transfer connected to Federal Medical Assistance Percentage funds related to COVID-19.
The hospital has been close to closing in the past, operating at a $164 million loss in 2022, and lost more than $140 million in both 2023 and 2024.
NUMC is Long Island's largest safety-net hospital, meaning the hospital is the only place for people who need medical care and cannot afford it.
