Montefiore Hospital Spent $1,117,975 in 1925, Annual Report of President Shows

The opening of the model $2,000,000 Montefiore Hospital County Sanatorium at Bedford Hills, Westchester, and the modernization and expansion of the city institution in the Bronx, were stressed as outstanding achievements for 1929 at the forty-fifth annual meeting of the Montefiore Hospital for Chronic Diseases, held yesterday morning in the hospital auditorium.

Fred M. Stein, president of the institution, stated in his annual report that last year Montefiore Hospital spent $1,117,975, of which the Federation contributed $377,628 and $139,495 was received in gifts, bequests and endowments. During this time the hospital gave 159,624 free days of care at a cost of $597,934. The actual cost per patient per day at the hospital and the country sanatorium was $3.69, and to give this service the hospital suffered a deficit of $44,857, the report stated.

In his report to the hospital board, Mr. Stein paid tribute to Sol G. Rosenbaum, who resigned from the presidency of Montefiore Hospital at the end of last year, after devoting a decade of service to the institution.

With more than 100 patients on the waiting list, “the policy has been adopted and is gradually and humanely being enforced to admit to the hospital only those patients for whom something constructive can be done in a medical way,” Mr. Stein stated. “There is a great need in this city for additional institutions or pavilions that can be run with limited expense and that will serve as homes for those incurables for whom constructive aid is impossible and who for that reason ought not to be occupying the facilities of a hospital.”

Three new trustees were elected to the hospital board. They are Myron I. Borg, Jr., George A. Spiegelberg and John L. Loeb. At the same time a resolution was passed to increase the number of trustees from forty to fifty.