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According to the article, "The Floating Hospital traces its origins to the 1860s when a group of New York Times editors decided that ailing newsboys would benefit from a dose of fresh sea air. Today, the 187-foot, four-deck vessel, usually moored near the southern tip of Manhattan island, provides health care to the uninsured and to people on Medicaid. Dogged by financial troubles in the early 1990s and wanting to reach more of the indigent, it developed a plan to become a year-round clinic, and in the process, was able to wangle a large Medicaid reimbursement because of substantial capital costs for the ship."

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