MANHATTAN — Mount Sinai Beth Israel will close its Lower Manhattan operation and rebuild as a smaller outfit, hospital officials said Wednesday.
The 856-bed hospital, established more than 125 years ago, will return as a 70-bed facility downtown with a new Emergency Department.
“Much of the existing Beth Israel infrastructure is aging and unable to meet the needs of the modern healthcare landscape,” hospital officials said in a statement.
“On average, less than sixty percent of the hospital’s licensed beds are occupied and patient volume at the financially troubled hospital has decreased by double digits since 2012.”
The hospital’s transformation will happen gradually over the next four years, officials said. During that time, the current Mount Sinai Beth Israel will remain open, its services uninterrupted by the renovations.