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New York’s Mt. Sinai Hospital to Build $30,000,000 Medical School

July 9, 1963
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Mount Sinai Hospital, a beneficiary of the Federation of Jewish Philanthropies of Greater New York, and one of the largest Jewish hospitals in the United States, today announced plans for the establishment of a $30,000,000 medical school on its present site in upper Manhattan.

Gustave L. Levy, president of the hospital, said the medical school would have a four-year program and would graduate about 100 physicians each year, thus increasing the output of physicians in New York State by about 10 per cent.

A charter authorizing the hospital to set up the school has already been granted by the New York Board of Regents, and the plans have been approved by the Liaison Committee on Medical Education of the Association of American Medical Colleges and the Council on Medical Education and Hospitals of the American Medical Association. The hospital is currently negotiating with three universities for a university affiliation.

Mount Sinai now has 21 buildings with a total capacity of 1,253 beds, and provides a variety of services for some 140,000 patients each year. Six of the present buildings will be razed to provide sites for four of the new medical school buildings.

Mr. Levy said the medical school would transform the existing hospital into a biomedical center which would embrace a Graduate School for Human Studies, a Graduate School for the Biological Sciences and an Institute for Environmental Medicine, including space, radiation and behavioral medicine.

Founded in 1852, Mount Sinai Hospital has an operating budget of $20,000,000 a year, and an education and research budget of $4,000,000 a year.

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