By Steve Kastenbaum, CNN
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(CNN) – A community in Brooklyn is fighting to keep its local hospital, Long Island College Hospital (LICH), open. However, it's drowning in debt.
Community activists like Joanne Simon says closing LICH would create a significant problem for many in the neighborhood.
[1:41] “Well there would be very few options for a lot of people. You know, there aren’t enough institutional resources, medical resources, to absorb the population and this is an area that’s growing in terms of population.”
Dr. John Williams, president of SUNY Downstate Medical Center, which owns LICH, says he has no other option but to close the community hospital.
[2:15] “With the cuts in Medicare, Medicaid, and with decreased state support, and not being able to fill the hospital, we are hemorrhaging about $1 million a week in that institution.”
Caroline Steinberg of the American Hospital Association says what’s happening at LICH is not unique.
[2:35] “Hospitals around the country are facing significant threats currently. They are facing very large cuts in payment under the Accountable Care Act.”