December 29, 2014 12:53 AM ET

Healthcare Providers and Services

Company Overview of The Brooklyn Hospital Center

Company Overview

The Brooklyn Hospital Center owns and operates a hospital that provides healthcare services in Brooklyn and greater New York area. It offers medical services, such as outpatient care, cancer care, general dentistry and oral surgery, emergency medicine, obstetrics and gynecology, pediatrics, medical care, radiology, surgical care, and specialized care services. The Brooklyn Hospital Center was formerly known as Brooklyn City Hospital. The company was founded in 1839 and is based in Brooklyn, New York.

121 DeKalb Avenue

Brooklyn, NY 11201

United States

Founded in 1839





Key Executives for The Brooklyn Hospital Center

Chief Executive Officer
Chief Financial Officer and Senior Vice President
Acting Chief Operating Officer
Chief Information Officer
Senior Vice President and General Counsel
Compensation as of Fiscal Year 2014.

The Brooklyn Hospital Center Key Developments

Supreme Court Refuses Brooklyn Health's Offer

New York State Supreme Court refused The Brooklyn Hospital Center's request to acquire Long Island College Hospital Inc. after weighing Brooklyn's ability to finance the deal and operate the facility as a full service hospital.

GE Capital Leads $45 Million Senior Credit Facility for the Brooklyn Hospital Center

GE Capital announced that it is serving as administrative agent on a $45 million senior secured credit facility for The Brooklyn Hospital Center. The financing refinanced existing debt and is being used for ongoing working capital needs. GE Capital Markets served as sole lead arranger and bookrunner on the facility.

The Brooklyn Hospital Center Secures New Credit Facility, Reduces Debt by $25 Million

In two separate transactions, The Brooklyn Hospital Center has restructured and refinanced $80 million of debt, reducing its debt by $25 million and saving nearly $10 million in interest. The two-stage strategy began with the refinancing of the hospital's $45 million balloon debt, which was due in October 2012. This permitted the hospital to refinance its $35 million HUD-insured mortgage, resulting in savings of nearly $10 million over the life of the loan.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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