Mount Sinai Health System plans to invest $1 billion into facility upgrades and expansions in downtown New York City.
The health system filed a certificate of need application with the New York State Department of Health to build a replacement facility for Mount Sinai Beth Israel Hospital, construct a new behavioral health center and upgrade the New York Eye and Ear Infirmary of Mount Sinai.
The $1 billion investment includes $600 million for rebuilding Mount Sinai Beth Israel Hospital. The new facility will be two blocks away from its current building in Manhattan. The new hospital will have 70 beds and an emergency room. Construction is expected to start in 2020. The opening is expected in 2023.
The planned $140 million behavioral health center will house 135 beds.