L.I. Hospital Lost $6.5M In Revenue, Audit Shows
NEW YORK (WCBS 880) – A recent audit of Nassau University Medical Center shows the hospital lost millions in revenue.
Because the Center failed to get basic information such as correct spelling of names, addresses and insurance card information, Nassau County controller George Maragos said the hospital lost $6.5 million in revenue.
LISTEN: WCBS 880’s Sophia Hall reports
“The hospital barely breaks even every year—even after significant support from the county—so they cannot afford these costly mistakes for lost revenue,” Maragos said.
Maragos said the mistakes could force the hospital to shut down.
“We cannot afford to incur these inefficiencies and lost revenues. That can in the long run be the difference between the hospital remaining in business and providing service to the community or going out of business.”
A spokesperson for the hospital called the findings overstated.