Since it was spun off from the county government in 1998 as a public benefit corporation, the medical center has struggled to make ends meet.
"We wanted to make sure that the public benefit corporation was not simply created and then cut adrift," he said.
"We are building a new hospital that will either be run by the county commissioner or a public benefit corporation."
There are more than 100 state authorities and public benefit corporations.
The county spun off the hospital as a public benefit corporation in 1998.
Some of New York's public benefit corporations have come under fire in recent years.
Class D - these authorities and public benefit corporations have interstate or international jurisdiction.
The medical center spun off from the county in 1997, becoming a public benefit corporation.
The health care agency is a public benefit corporation struggling to cut its deficit.
But if the Board had not created the public benefit corporation, the subsidy would have been $15 million more, he said.