NYU Langone Medical Center is well on the mend from the damage Superstorm Sandy wreaked on its New York City facilities more than a year and a half ago, its latest financials demonstrate.
Revenue, income and volumes surged for NYU Langone in the nine-month period ended May 31. The academic medical center had been reduced to several months of limited operations last year because of the storm's damage to its facilities in October 2012.
“As the 'Ghostbusters' line goes: We're back,” NYU Langone Chief Financial Officer Michael Burke said in an interview.
The 791-bed NYU Langone opened its new full-service emergency department in April; damages from Sandy forced the original ED to close 18 months prior to that. As of May 31, the new ED has received more than 6,700 visits, with 1 in 5 of those resulting in an admission to the center's Tisch Hospital. Although the medical center had off-site urgent-care centers during the transition period, they couldn't make up for the volume of a full-service ED, Burke said.