NIFA enacts control period over NUMC; 2 added to hospital board
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NIFA enacts control period over NUMC; 2 added to hospital board
The Nassau County Interim Finance Authority stepped up its oversight of the fiscally troubled Nassau University Medical Center on June 2 as an outgoing NIFA board member joined the new NUMC board. The five-member NIFA board unanimously approved a measure to enact a control period over NUMC, requiring that the East Meadow hospital’s board submit additional contracts to NIFA for approval. The fiscal watchdog’s increased scrutiny of NUMC came less …
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