Bruderman to LI Herald: Hospital Cares for the Community

The public benefit corporation running Nassau University Medical Center has suffered an operating loss of $135.6 million in 2021, an audit revealed.

The audit, requested by NUMC Board Chairman Matthew Bruderman, showed that NuHealth, which also operates the A. Holly Patterson Extended Care Facility in Uniondale, is struggling.

Auditors from the accounting company Grant Thornton said that the corporation “is dependent on the continuation of federal, state and local subsidies, certain of which have or are scheduled to end or be reduced. These matters raise substantial doubt about NHCC’s ability to continue as a going concern.”


About Matthew J. Bruderman

Matthew J. Bruderman is an investor, entrepreneur, and philanthropist. He leads his family’s multi-generational financial services business, which includes a registered broker dealer, a registered investment advisor, and an insurance agency. He is the Chairman of Sandy Hill Investors, his family’s merchant banking division that owns businesses in healthcare, consumer products, media, entertainment, and real estate. As the Chairman of the Bruderman family office, he leads its charitable foundations and philanthropic activities.

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