The Times Union published an article on the City of Albany’s efforts to secure financial agreements with area nonprofits, such as St. Peter’s Hospital, to help alleviate the financial burden from the large number of tax-exempt properties in the city.
Elmer Streeter, director of corporate communications for St. Peter’s Health Partners, was interviewed for the story. He told the paper that the hospital is unable to commit to the requested $1 million annual payment, but is open to finding other ways to contribute.
From the article:
“There are probably areas where our missions cross and our needs cross, and how can we find mutually beneficial ways to cooperate,” Streeter said.
Those options include possible collaborations with other health care facilities to provide discounted care for city employees, or collectively championing for more aid from the state are options. “Looking at creative things like that are things we certainly should be talking about,” he said.
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