The donation was from the Anna-Maria and Stephen Kellen Foundation.
To recognize the donation, the medical tower will be named the Anna-Maria and Stephen Kellen Medical Tower.
“The Anna-Maria and Stephen Kellen Foundation has repeatedly demonstrated their commitment and support to HSS and its patients,” said Tom Lister and Bob Steel, co-chairs of the hospital’s board of trustees. “This exceptional gift signals the strength of not only HSS but also New York City and will serve as a permanent symbol of an investment in healthcare when it is needed most.”
The 100,000-square-foot facility will specialize in spine surgery and joint replacement. It will house three private inpatient floors, multidisciplinary medical teams and on-site imaging.
Construction on the facility is slated to begin this year.
More articles on healthcare finance:
Medicaid panel releases 2021 report to Congress: 4 takeaways
Baylor Scott & White job cuts, outsourcing expected to save $600M
CMS boosts reimbursement for COVID-19 vaccine administration