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FEMA To Release $805,490 For Lake Shore Hospital

February 21, 2014
By The Post-Journal ( , The Post-Journal

Today, U.S. Senator Charles E. Schumer announced that the Federal Emergency Management Agency has heeded his call to release $805,490 in already approved reimbursements owed to the TLC Health Network from two of the three outstanding Project Worksheets. Schumer said the funds will help keep Lake Shore Health Care Center open until a buyer can be found and make it a more attractive commodity. The TLC Health Network is currently navigating Chapter 11 bankruptcy and struggling to keep Lake Shore up and running, as it quickly draws down on remaining available funds. Schumer has identified three outstanding PWs, where the hospital system has already spent the funds and FEMA has agreed the costs are reimbursable, but that FEMA has yet to reimburse for TLC. Today Schumer secured the release of the majority of the funds for two of those three project worksheets, totaling $805,490 and said FEMA is committed to releasing the remaining soon. The money is currently at the New York State Emergency Management Office and can flow to the TLC Health Network immediately.



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