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Title
NYU Langone Medical Center and Winthrop-University Hospital Announce Non-Binding Letter of Intent
Date
July 7, 2016
Article

New York – NYU Langone Medical Center (NYU Langone) and Winthrop-University Hospital (Winthrop) today announced they have signed a non-binding letter of intent to begin discussions concerning a potential transaction that would bring the two organizations together to create an integrated healthcare network for the New York metropolitan region.

“NYU Langone is committed to creating mutually beneficial partnerships with leading healthcare providers, and we are excited for the opportunity to bring together two great medical centers to better serve our patients in the neighborhoods where they live and work,” said Robert I. Grossman, MD, Dean and CEO, NYU Langone Medical Center.

According to John Collins, Winthrop’s President and CEO, “This first step represents a momentous milestone for Winthrop. As Long Island’s first community hospital, we have grown into a major academic medical center, and with our services in such demand, it became obvious that we needed to expand further, physically and geographically.”

NYU Langone, whose main hospital campus is on the East side of Manhattan, has more than 175 ambulatory sites throughout the region, with more than 40 practices in Queens and Long Island.

Winthrop’s main campus is located in Mineola on Long Island (central Nassau County) and includes an onsite dialysis center, CyberKnife Center and the Cancer Center for Kids. Winthrop also has multiple ambulatory sites throughout the surrounding area, including a newly expanded ambulatory surgery center in Garden City, its Specialty Center East in Deer Park, and an NYC CyberKnife Center in Manhattan. Additionally, its newly renovated 7,500-square-foot Trauma Center is the only facility in Nassau County with full adult and pediatric capabilities.

“We have held discussions with a number of major health care systems in the region, and NYU Langone represents the best partner, based on many synergies, including a mutual commitment to improving quality, medical excellence, a complementary geographic presence, and, most importantly, compatibility of our cultures,” Collins continued.

Both parties will now engage in due diligence with an intention of negotiating and signing definitive agreements and seeking regulatory approvals. Any new partnership would reflect a commitment to the highest standards of clinical care, supported by the most advanced technologies, and integrated with world-class research and teaching programs that would further enhance the collective abilities of the two entities.

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About Winthrop-University Hospital

Founded in 1896 by a group of local physicians and concerned citizens, Long Island’s first voluntary hospital is a 591-bed university-affiliated medical center and New York State-designated Regional Trauma Center offering inpatient and outpatient programs and services to address every stage of life. What’s more, its newly renovated 7,500-square-foot Trauma Center is the only facility in Nassau County with full adult and pediatric capabilities.

Consistently recognized for providing quality patient care, Winthrop’s awards, recognitions and accreditations are many including recent national recognition for excellence in nursing from the American Nurses Credentialing Center’s (ANCC) Magnet Recognition Program® – the highest recognition that a hospital can earn in the area of nursing excellence. Winthrop has also been awarded Baby Friendly® Designation by Baby-Friendly, USA, and was the first hospital on Long Island to achieve this distinct honor.

With one of the top cardiac programs in the region, Winthrop holds its rightful place among the top five Transcatheter Aortic Valve Replacement (TAVR) centers in the country. A leader and innovator in the many specialty areas, Winthrop is home to the very first Diabetes Education Program in New York State and was the first major teaching hospital in New York State to earn The Joint Commission's Gold Seal of Approval™ for its Advanced Inpatient Diabetes Care. Additionally, Winthrop was the first CyberKnife Center in the region, and its Breast Health Center was the first in Nassau County to earn certification by the National Accreditation Program for Breast Centers (NAPBC).

About NYU Langone Medical Center

NYU Langone Medical Center, a world-class, patient-centered, integrated academic medical center, is one of the nation’s premier centers for excellence in clinical care, biomedical research, and medical education. Located in the heart of Manhattan, NYU Langone is composed of five hospitals—Tisch Hospital, its flagship acute care facility; Rusk Rehabilitation; the Hospital for Joint Diseases, the Medical Center’s dedicated inpatient orthopaedic hospital; NYU Lutheran Medical Center, a full-service, 450-bed teaching hospital located in Brooklyn, and Hassenfeld Children’s Hospital, a comprehensive pediatric hospital supporting a full array of children’s health services across the Medical Center. Also part of NYU Langone is NYU School of Medicine, which since 1841 has trained thousands of physicians and scientists who have helped to shape the course of medical history, and the Laura and Isaac Perlmutter Cancer Center, a National Cancer Institute–designated cancer center. The Medical Center’s trifold mission to serve, teach, and discover is achieved 365 days a year through the seamless integration of a culture devoted to excellence in patient care, education, and research.