To: Faculty and Staff of The Mount Sinai Medical Center
From: Kenneth I.Berns, MD, PhD President and CEO, The Mount Sinai Medical Center
Subject: Federal Grants to The Mount Sinai Medical Center for September 11 Financial Losses
Date: September 19, 2002
I am pleased to inform you that The Mount Sinai Medical Center will receive a total of $12,264,171 in federal grants as reimbursements for financial losses suffered as a result of our response to the attacks on the World Trade Center on September 11, 2001.
The grants are part of a larger $140 million assistance package that was announced on Wednesday by the U.S. Secretary of Health and Human Services, Tommy Thompson. Grants were awarded to help hospitals, clinics, community health centers, mental health providers, and other healthcare institutions recover from the financial impact of the September 11 terrorist attacks. They are intended to offset costs that cannot be recovered from any other source, such as insurance claims.
Specifically, Secretary Thompson announced the following grants:
The Mount Sinai Hospital: $10,364,171
Mount Sinai School of Medicine: $1,900,000
Our applications for these grants were the result of hard work by many people throughout the institution who provided data and information in a very timely and professional manner. As always, I appreciate your critical assistance in meeting the needs of Mount Sinai.