Overview
- Stuart Rabinowitz will resign as Nassau University Medical Center board chair effective March 15 after serving less than 10 months of a four-year term.
- Appointed by Gov. Kathy Hochul, he has led the restructured state-controlled board since June 1, 2025, following legislation that shifted appointments from county to state lawmakers.
- He oversaw audits, installed an interim transition team, and concluded a national search that brought Tom Stokes in as permanent CEO in January.
- During his tenure, NUMC received a $110 million state infusion and revised projections cutting the expected 2026 operating loss to $82.5 million from about $167 million, though the system still carries $1.4 billion in long-term debt and decades of losses.
- The board withdrew a prior $1 billion lawsuit against the state and sued seven former executives over alleged improper payouts, as Hochul and Nassau County Executive Bruce Blakeman publicly praised Rabinowitz’s service and no successor was announced.