MSK is a disaster. Its wildly mismanaged. Its become an industry punching bag for good reason. They have become one of the worst actors in the state health care system. They've been plagued by scandal since just prior to the pandemic when their C suite execs got caught taking payoffs from drug companies and trial sponsors without any type of disclosure. They sold their tissue databank to a proprietary start up artificial intelligence company that happened to have a CEO on the board of the hospital. This was after they went all in with an IBM that heavily overpromised and underdelivered on AI led analysis which led to a ton of mistakes on patient diagnostics. The CMO resigned and the CEO resigned from the boards it turned out he was conflicted on. Then after the pandemic hit the CEO also resigned from MSK. They only begrudingly took COVID patients during the pandemic but still got $100 million in pandemic aid. If they treated 500 patients by then I'd be shocked. And they had no qualms about it either, which Mediciad patients were crowded 5, 6, 7 to a nurse in the public hospital ICUs.

This "hospital" routinely gets caught overbilling the state for uncompensated care, at the same time they have the lower percentage of Medicaid patient of any hospital in the city. And their actual outcomes are slightly worse than the state owned public cancer hospital Roswell Park Cancer Center in Buffalo.

If their board decides what they really need right now after years of losses is a brand new shiny east side skyscraper...that's fine they can go borrow money and build it. The taxpayers shouldn't put a dime into or backing their debt because on their own they would be in complete junk bond status.