New York (PRWEB) September 30, 2013
The Boards of Trustees of The Mount Sinai Medical Center and Continuum Health Partners (CHP) today announced completion of the transaction to establish a new, integrated health system called the Mount Sinai Health System. Encompassing the Icahn School of Medicine at Mount Sinai and seven member hospital campuses, the Health System will provide increased access to primary and specialty care for local and global communities, as well as an expansive network of ambulatory care centers throughout the New York metropolitan region.
Kenneth L. Davis, MD, President and CEO of the Mount Sinai Health System, said, “The new, integrated health care system—the Mount Sinai Health System—will improve quality outcomes, increase efficiencies, and create economies of scale by expanding access to primary and specialty care across a citywide network. We will be able to take care of patients throughout their lifespans and at all levels of care. Indeed, if you live in Manhattan, there will almost always be a Health System doctor within walking distance of your residence, as well as a substantial presence of our physicians and facilities in Queens, Brooklyn, Staten Island and Long Island.” Dr. Davis has been President and CEO of The Mount Sinai Medical Center since 2003.
Peter W. May, Chairman of the Board of Trustees of the new Mount Sinai Health System, explained, “After spending many months planning for the creation of this new health system, I am confident that our leaders will use synergies between the two entities to create an exceptional health care system that will serve our extensive array of communities. We all look forward to working closely with our new partners.” Mr. May has been Chairman of the Boards of Trustees of The Mount Sinai Medical Center since 2002. He joined the Mount Sinai Boards of Trustees in 1989.
Steven Hochberg, Senior Vice Chairman of the Board of Trustees of Mount Sinai Health System, said, “Health care providers must face today’s numerous challenges in creative and innovative ways, as well as with bold determination, to anticipate and respond to the ever-evolving health care landscape. The Mount Sinai Health System does exactly that through a multidimensional, world-class delivery system that emphasizes excellence in clinical care, research, and medical education.” Mr. Hochberg continued, “It reaffirms Mount Sinai’s recognized place as a global leader in regional, national, and international health care arenas, which is additionally strengthened through the clinical programs and long histories of service of the Continuum hospitals. Most importantly, it allows us to fulfill our mission to meet the needs of everyone who turns to us for help.” Mr. Hochberg has served as Chairman of the Board of Trustees for Continuum Health Partners since 2011 and joined the CHP Board in 2005.
The Mount Sinai Health System includes the following seven member hospital campuses:
Through the Icahn School of Medicine at Mount Sinai, the Mount Sinai Health System will benefit from synergies with a preeminent academic medical center. As one of the nation’s leading medical schools, the Icahn School of Medicine is on the forefront of medical and scientific training, biomedical research, and patient care. It will serve to integrate clinical and research missions across the System. Over time, all Continuum affiliations with other medical schools will be transferred to the Icahn School of Medicine at Mount Sinai, which will be the single medical school for the Health System.
“In this rich and dynamic environment, Mount Sinai’s medical and graduate students, as well as our residents, will be offered a wide range of clinical and research experiences,” said Dennis Charney, MD, the Anne and Joel Ehrenkranz Dean, Icahn School of Medicine at Mount Sinai, and President of Academic Affairs for the Health System. “A larger clinical trial footprint will help us provide the most cutting-edge care for patients with a great range of medical conditions in the diverse communities we serve. We are confident that new clinical institutes of excellence will be the hubs of translational research and health care innovation across specialties.”
Internationally recognized for excellence in research, patient care, and education, Mount Sinai and its member hospital campuses will forge ahead with a vision of comprehensive care for patients. Its sophisticated primary care network will include more than 430 full- and part-time physicians. It will also feature 12 free-standing minority-owned ambulatory surgery centers, 2,784 full- and part-time physicians, and 3,783 voluntary physicians. The System will also include a robust and continually expanding network of multi-specialty services, including over 45 ambulatory care practices throughout the five boroughs of New York City, Westchester, and Long Island.
Mount Sinai maintains more than 40 clinical and academic relationships with local health care organizations and its physicians serve patients in more than 200 community locations throughout the New York metropolitan area. The Health System’s extensive ambulatory network is designed to prevent hospital readmissions and Emergency Department visits in order to lower costs and improve outcomes.
With a larger, more expansive system, Mount Sinai will be able to test new models of care, including aligning payment incentives to promote quality over quantity of services, through its Accountable Care Organization (ACO) called Mount Sinai Care, LLC. Launched in July 2012, Mount Sinai Care has more than 21,000 Medicare patients and serves as a new health care model, with a cadre of specially-trained care coaches facilitating a continuity of care. Mount Sinai Care is the first ACO at an academic medical center in Manhattan.
“With an increased number of primary care physicians, the Health System will help define and provide large-scale population management, so patients receive appropriate prevention, intervention, and treatment early on—before a disease progresses,” said Dr. Davis.
The Mount Sinai Health System by the Numbers*
Total beds certified by the New York State Department of Health 3,571
Operating rooms 138
Free-standing ambulatory surgical centers (minority owned) 12
Affiliated community health centers 31
Physicians (2,784 full- and part-time and 3,783 voluntary) Approximately 6,600
Residents and fellows More than 2,000
Employees Approximately 35,000
Inpatient admissions More than 177,000
Babies delivered a year Approximately18,000
Outpatient visits to offices and clinics (non-Emergency Department) More than 2,600,000
Emergency Department visits More than 500,000
Icahn School of Medicine at Mount Sinai*
Year founded 1968
Medical students 607
Graduate students 211
MD/PhD students 102
Postdoctoral fellows 510
Grant funding $322.9 million (including $190 million in NIH funding in 2012; an estimated $215 million in NIH funding is projected for 2013)
U.S. News & World Report ranking among medical schools No 18
A new Mount Sinai Health System website will launch soon.
About the Mount Sinai Health System
The Mount Sinai Health System is an integrated health system committed to providing distinguished care, conducting transformative research, and advancing biomedical education. Structured around seven member hospital campuses and a single medical school, the Health System has an extensive ambulatory network and a range of inpatient and outpatient services—from community-based facilities to tertiary and quaternary care.
The System includes approximately 6600 primary and specialty care physicians, 12-minority-owned free-standing ambulatory surgery centers, over 45 ambulatory practices throughout the five boroughs of New York City, Westchester, and Long Island, as well as 31 affiliated community health centers. Physicians are affiliated with the Icahn School of Medicine at Mount Sinai, which is ranked among the top 20 medical schools both in National Institutes of Health funding and by U.S. News & World Report.