Preferred Health Network is a non-profit network of hospitals that was formed in 1989. That same year, they took over the managing of Brooklyn's Wyckoff Heights Medical Center and Jackson Heights' Physicians Hospital. When several other hospitals were facing a choice between "closing down or seeking protection in a merger" the result was that "Ten hospitals in Nassau and Queens have become Preferred Health Network."
History
Having started in 1989 with one hospital, and shortly thereafter another, they grew to ten. However, by 1996 they were down to four hospitals, and ready for being taken over by New York Hospital; they had also added "more than 20 primary care facilities in Brooklyn and Queens."
In 1996 Crain's New York Business wrote that "the real jewels of PHN are the primary care centers that dot Brooklyn and Queens" and explained that these primary care centers provide "low-cost delivery of health care" and also enable hospitals to "capture more seriously ill patients to fill their beds."
See also
References
- ^ Steven Lee Myers (May 13, 1993). "Takeover of Flushing Hospital Leads to a Review". The New York Times.
- "Form DEF 14A New York Health Care Inc / DEF 14A - Other definitive proxy statements". Retrieved November 24, 2020.
- "BBAL New York Health Care Inc. secarticle SEC Filings".
- ^ "Ailing Hospital Gets a Manager". The New York Daily News. October 9, 1989.
- ^ Iver Peterson (November 15, 1994). "Health Care and Hospital Chains; Small Institutions Choose Survival Over Independence". The New York Times.
- ^ Barbara Benson (March 3, 1996). "Big NY Hospital in talks to buy Queens system: Deal would hike market share, nab trophy primary-care facilities in boroughs". Crain's New York Business.
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