News Summary
New York City Health + Hospitals has entered a $4.4 billion agreement with NYU Grossman School of Medicine to hire over 1,600 employees. This expansion addresses a significant rise in patient demand, with a 30% increase in hospital admissions and a 21% rise in outpatient services. The deal includes a notable boost in advanced practice roles and enhanced financial stability. As federal healthcare cuts loom, H+H aims to secure additional funding to maintain services for low-income patients and support the city’s growing healthcare needs.
New York City Expands Healthcare Workforce Under $4.4 Billion Agreement
New York City Health + Hospitals (H+H) has secured a significant $4.4 billion, five-year affiliation agreement with the NYU Grossman School of Medicine to enhance its medical workforce. This new collaboration aims to hire over 1,600 full-time employees across six locations in New York City, addressing a substantial rise in patient volume.
This staffing increase reflects an 11% boost from the previous fiscal year, which reported around 1,450 employees. The agreement specifically addresses the growing demands at facilities such as Bellevue and Woodhull hospitals, as well as outpatient services, in response to reported increases in healthcare utilization.
Increasing Patient Demand
Dr. Sewit Teckie, serving as the system chief for clinical affairs, has indicated a steep rise in healthcare demand, noting a 30% uptick in hospital admissions and a 21% increase in outpatient services since the previous agreement. The deal not only expands the workforce size but also emphasizes a 50% increase in advanced provider practice roles, which include nurse practitioners and physician assistants. Additionally, there will be a 6% increase in affiliate physician positions, further strengthening the hospital’s capacity to serve patients.
Financial Overview
H+H has demonstrated financial resilience, reporting a budget surplus of $189 million through April 2025. This performance exceeded expectations by 1% during the third quarter, driven by higher-than-anticipated patient service revenues, which included $425 million more than initially projected. H+H’s total patient revenue reached $5.7 billion by the end of the third quarter for 2025.
By the end of June, H+H also maintained substantial liquidity, holding $646 million in cash reserves, sufficient to cover 20 days of operational expenses. This financial stability comes amid concerns regarding federal health care cuts that could impact care for approximately 1.5 million New Yorkers.
Upcoming Challenges
Governor Kathy Hochul has projected that these anticipated federal cuts may lead to a $3 billion loss annually for state hospitals and health providers due to an increase in uncompensated care. Although the implications of recent federal reconciliation legislation on H+H’s budget remain under review, the health system is taking proactive measures to mitigate potential losses.
Part of H+H’s strategy includes seeking additional Medicaid funding through a state-directed payment template designed to bolster services for low-income patients. The finalized federal legislation allows healthcare providers like H+H to move forward with prior funding requests, which may prove crucial in addressing financial challenges.
Future Directions
Amidst these financial efforts, H+H plans to continue utilizing resources such as disproportionate share hospital payments and emergency Medicaid funding to support care for uninsured patients. This multifaceted approach aims not only to sustain but also to improve service delivery across New York City’s health care infrastructure.
Overall, the partnership between H+H and NYU stands as a pivotal development in enhancing medical staffing and patient care capabilities in light of increasing healthcare demands in New York City.
Deeper Dive: News & Info About This Topic
HERE Resources
Tragic Shooting at Blackstone Headquarters in NYC
New York City Remains Largest Employer in the State
UMass Chan Medical School Launches Accelerated MD Track
Criticism of Trump’s Anti-Capitalism Agenda by NYC Committeeman
Nnamdi Moeteke’s Impact on Public Health Education
New York City’s Construction Sector Faces Significant Decline
New Holland Capital Launches Internal Trading Unit
Florida Council of 100 Encourages New York Businesses to Relocate
Leaders Reshaping NYC’s Healthcare and Financial Sectors
New York Launches Caring Gene Program for Healthcare Students
Additional Resources
- Crain’s New York: H+H Increases Staffing through NYU Affiliation
- Crain’s New York: NYC Health + Hospitals Outperforms Budget in Third Quarter
- VIN News: NYC Health + Hospitals Bellevue Participates in International Infectious Disease Response Drill
- Encyclopedia Britannica: New York City
- AMNY: Bird Flu Bellevue Hospital Prep Funding 2025
Author: STAFF HERE NEW YORK WRITER
NEW YORK CITY STAFF WRITER The NEW YORK CITY STAFF WRITER represents the experienced team at HERENewYorkCity.com, your go-to source for actionable local news and information in New York City, the five boroughs, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as New York Fashion Week, Macy's Thanksgiving Day Parade, and Tribeca Film Festival. Our coverage extends to key organizations like the Greater New York Chamber of Commerce and United Way of New York City, plus leading businesses in finance and media that power the local economy such as JPMorgan Chase, Goldman Sachs, and Bloomberg. As part of the broader HERE network, including HEREBuffalo.com, we provide comprehensive, credible insights into New York's dynamic landscape.
