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Maimonides Medical Center is working to finalize a merger with NYC Health+Hospitals \u201cin the coming months.\u201d <\/p>\n
Photo courtesy of Google Maps\/Graphic by Kirstyn Brendlen<\/p>\n
Maimonides Medical Center is working to finalize an agreement to join NYC Health+Hospitals in an effort to stay afloat after years of financial struggles.\u00a0\n<\/p>\n
In recent weeks, Maimonides has \u201ctaken steps toward\u201d a merger, said Maimonides spokesperson Tina Lee, and hopes \u201cto finalize the deal and become part of NYC H+H in the coming months.\u201d\u00a0<\/p>\n
In joining Health+Hospitals, Maimonides would earn millions of dollars in additional Medicaid revenue each year, Lee said, as it would allow the hospital to access higher reimbursement rates only available to public hospitals.\u00a0<\/p>\n
It would also receive $2.2 billion over the course of five years under a state grant<\/a> announced by Gov. Kathy Hochul in October. Maimonides first proposed a partnership with H+H two years ago, according to Crain\u2019s New York Business<\/a>, and the health systems jointly approached Hochul\u2019s office to request support from the state\u2019s Safety Net Transformation Program.<\/p>\n \u201cThis presents a historic opportunity for Maimonides to expand our capacity to deliver high-quality care, meet the growing needs of our communities, and strengthen our financial position at a time when Federal cuts threaten to reduce support for safety net hospitals,\u201d Lee said.\u00a0<\/p>\n Maimonides has faced significant financial issues since the COVID-19 pandemic. Despite receiving significant government assistance, it fell into a significant deficit in 2025, losing $15 million in the first three quarters of the year and earning just $1.5 million in revenue<\/a>. Still, the hospital has continued to expand, and this year opened a new children\u2019s emergency room<\/a> and a psychiatric emergency department<\/a>.\u00a0<\/p>\n More than 80% of Maimonides\u2019 patients are insured by Medicaid and Medicare, according to a 2022 Community Services Plan, and the hospital \u201ctreats all patients, regardless of ability to pay.\u201d Medicaid and Medicare reimbursements<\/a> don\u2019t cover the full cost of care, meaning hospitals like Maimonides often provide services at a loss.\u00a0 Medicaid cuts included in President Donald Trump\u2019s \u201cBig Beautiful Bill,\u201d which will start to take effect in early 2026, will further threaten safety-net hospitals<\/a>.\u00a0\u00a0<\/p>\n The NYC Health+Hospitals Board of Directors voted unanimously in favor of starting formal negotiations to emerge with Maimonides last month, but support for the plan is mixed.\u00a0<\/p>\n In November, seven members of Maimonides\u2019 Board of Trustees sued the hospital and its executives in a bid to pause a vote on the merger.<\/p>\n In the suit, board members Aaron Twerski, Peter Rebenwurzel, George Weinberger, Chaim Fisher, Yehoshuia Leib Fruchtlander, Marty Waisbrod and David Spira claimed the merger was politically motivated and would threaten the quality of care at Maimonides, and said hospital execs had ignored offers to merge with Touro University and Westchester Medical Center Health Network.\u00a0<\/p>\n They also claimed the merger would leave doctors at Maimonides in a lurch, as they \u201cwould not be granted employee status at [Health+Hospitals].\u201d Those doctors would be paid out under their existing contracts, the suit says, but would not have firm employee status and may lose their seniority.<\/p>\n In response to the suit, a judge last month issued a temporary injunction blocking the Maimonides Board from voting \u2014 but the injunction was later overturned by an appellate court. It is not clear if the Board has officially voted on the merger.\u00a0<\/p>\n \u201cWe continue to work with NYC H+H and our stakeholders toward a final deal that grows our current clinical collaboration and expands access to the award-winning, culturally responsive care that our patients and communities have come to expect from Maimonides,\u201d Lee said.<\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/12\/MaimonidesCED_102125-6.jpg\")
Maimonides President & CEO Ken Gibbs at the unveiling of Maimonides newly expanded Children\u2019s Emergency Department earlier this year. File photo by Gabriele Holtermann<\/p>\n![\"maimonides](\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/12\/all-maimonides-midwood-hospital-expanded-network-2022-04-0102BCPRINT_WEB.jpg\")
Maimonides Midwood Community Hospital, which Maimonides took over in 2022. File photo by Ben Brachfeld<\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/12\/NYSNA_MaimonidesRally_111325-13.jpg\")
NYSNA nurses rallied outside Maimonides Medical Center for a fair contract last month. File photo by Gabriele Holtermann<\/p>\n