(b) For purposes of section three thousand eight of the public health law, the corporation shall be deemed to be a municipality for the purposes of determining a public need to operate an ambulance service; 5. To enter into contracts, leases, subleases and other agreements for the purpose of affiliating with a medical college in conjunction with the corporation's health facilities, which agreements may provide for the management, operation and staffing of health facilities, the reconstruction, renovation or addition to health facilities; the provision of necessary facilities, utilities and services; and such other conditions or features necessary and proper for such purpose and for the public health and general welfare; 6. To determine the conditions under which a physician may be extended the privilege of practicing within a health facility under the jurisdiction of the corporation, and to promulgate reasonable internal policies for the conduct of all persons, physicians and nurses within such facility; 7. To participate in managed care networks, fee-for-service, and other joint and cooperative arrangements for the provision of general comprehensive and specialty health care services, directly or through contract with other service providers or entities including employees or entities of the state; 8. To establish subsidiary corporations or other entities in accordance with subdivision nine of this section:
(a) to meet the demands of health care delivery changes; and
(b) to market, manufacture or develop products or services developed by the corporation's clinical and research activities; 9. (a) To form or participate in the formation of one or more entities pursuant to the business corporation law, the limited liability company law, the not-for-profit corporation law, or the partnership law in order to effectuate the purposes and powers of subdivisions seven and eight of this section.
(b) No subsidiary of the corporation shall own, operate, manage or control the existing acute inpatient and outpatient facilities and services now in operation on the grounds of the Clifton-Fine Hospital.
(c) Any such subsidiary may be authorized to act as a general or limited partner in a partnership or as a member of a limited liability company, and enter into an arrangement calling for an initial and subsequent payment by such subsidiary in consideration of an interest in revenues or other contractual rights.