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As tristate hospital margins slowly recover, local health systems plan for measured growth

Plus: Memorial Sloan Kettering kickstarts $100M cancer research project Merck's sales up 17% to $49.7 billion in 2021 Columbia Care raises $185M to fund growth in NY, NJ

Covid-19 sent NYC hospitals reeling, but now they say they re ready for future crises

Buck Ennis Widawsky says NYU Langone stocked up on PPE when it took note of the burgeoning crisis in China. Thinking ahead Having to go through the thick of the pandemic last year without necessary resources really put the old way of doing business into perspective, said Dr. Mitchell Katz, president and CEO of NYC Health + Hospitals. One of the mistakes of previous management practices is not keeping excess inventory because of the risk of medication or equipment expiring, he said. That led to the health system being stretched thin when it came to personal protective equipment and other supplies.

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