Exclusive: Upstate, Crouse hospital officials reveal financial details of proposed merger

Upstate and Crouse proposed merger

From left, Patrick Mannion, chair of the broad of directors at Crouse Hospital; Dr. Mantosh Dewan, president of Upstate Medical University; and Dr. Robert Corona, CEO of Upstate University Hospital during an interview with syracuse.com | The Post-Standard about a proposed merger of the two hospitals.  Aug. 15, 2022. Dennis Nett | dnett@syracuse.com

Syracuse, N.Y. – SUNY Upstate University Hospital won’t pay a dime up front to acquire Crouse Hospital.

But the state hospital will assume the smaller nonprofit hospital’s liabilities, including about $80 million in debt.

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