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- EIN 13-4077996
- (212) 356-5095
- 5 Penn Plaza 9th Floor New York NY 10001-1829 USA
- http://svcmcny.org
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Nonprofit Overview
Causes: Cancer, Health, Hospitals, Mental Health, Mental Health Treatment
Mission: The system filed a voluntary petition for relief under chapter 11 of the bankruptcy code in april 2010; on june 15, 2012, a "debtor's plan" was approved. The system's current operations include the continuation of the ushfp insurance program and ownership in queensbrook insurance limited.
Programs: On april 6, 2010, the board of trustees of saint vincent catholic medical centers of new york (svcmc) voted to approve the closure of system's manhattan hospital and the transfer or closure of the outpatient programs and clinics associated with and operated by the manhattan hospital. On april 14, 2010, the system filed a voluntary petition for relief under chapter 11 of the bankruptcy code. In may 2012, the system filed a debtor's plan and disclosure statement addressing various creditor settlements and creditor dispositions. The debtor's plan was approved in june 2012. In accordance with the debtor's plan and disclosure statement, excess revenue over normal program & adminstrative expenses are to be distributed to a liguidating trust. System operations, post june 2012, include continuation of the ushfp insurance program and ownership in queensbrook insurance limited & queensbrook insurance new york.