Private company

Montefiore Medical Center

Logo: Montefiore Medical Center, Public domain, via Wikimedia Commons4

Hospital in New York, United States

Montefiore Einstein Medical Center is an academic medical center that is the primary teaching hospital of the Albert Einstein College of Medicine in the Bronx, New York City. Its main campus, the Henry and Lucy Moses Division, is in the Norwood section of the northern Bronx. Named for Moses Montefiore, it was one of the 50 largest employers in New York as of 2005.2 Its revenue was $5.9 billion in 2024.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1884Founded1
  • Industryhospitals and rehabilitation1
  • HeadquartersNew York City, United States1
  • Websitewww.montefiore.org
  • Legal formnot-for-profit corporation1
  • Kind of organizationNonprofit organization1
  • LEI549300LVC84TCICWUW243
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressC/O CORPORATION SERVICE COMPANY, 12207 Albany, United States3
  • Registered withCorporation and Business Entity Database (Division of Corporations, State Records and UCC, Department of State), 198073
Montefiore Medical Center IMG 2268 HLG
Photo: Hugo L. González, CC BY-SA 4.0, via Wikimedia Commons6

Montefiore Einstein Medical Center is an academic medical center that is the primary teaching hospital of the Albert Einstein College of Medicine in the Bronx, New York City. Its main campus, the Henry and Lucy Moses Division, is in the Norwood section of the northern Bronx. Named for Moses Montefiore, it was one of the 50 largest employers in New York as of 2005. In 2025, Montefiore was ranked No. 5 among New York City metropolitan area hospitals by U.S. News & World Report. Adjacent to the main hospital is the Children's Hospital at Montefiore, which serves individuals aged 0–21.2

Corporate structure

Montefiore Medical Center sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Montefiore Medical Center Bronx, New York, United States
    • Lady of Mercy Medical Center Subsidiary · New York City, United States
    • Montefiore New Rochelle Hospital Subsidiary · New Rochelle, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

The birth of Montefiore Hospital arose from a series of meetings held in early 1884 among representatives of New York City's synagogues, convened by Henry Pereira Mendes, to honor Moses Montefiore on his forthcoming one-hundredth birthday. Out of these meetings, held in the rooms of Congregation Shearith Israel, the Montefiore Home for Chronic Invalids, now the Montefiore Hospital, came into being at East 84th Street in Manhattan and accepted its first six patients on October 24, 1884, Moses Montefiore's birthday. In its early years, it housed mostly patients with tuberculosis and other chronic illnesses. After growing out of its original building, the hospital moved uptown to Broadway and West 138th Street in 1888. In 1897, the Montefiore Home for Chronic Invalids established and managed the Montefiore Home Country Sanitarium in Westchester County, which mostly housed early-stage consumptives. The Montefiore Home for Chronic Invalids was renamed Montefiore Hospital for Chronic Diseases in 1901.

It moved again, to its current location in the Bronx and was renamed Montefiore Home and Hospital for Chronic Diseases in 1913. It was again renamed, as Montefiore Hospital for Chronic Diseases in 1920, as Montefiore Hospital and Medical Center on October 11, 1964, and as the Henry and Lucy Moses Division of Montefiore Medical Center in 1981 when it took over the daily operations of Einstein Hospital.

Montefiore established the first Department of Social Medicine and the first home health care agency in the United States. In 2001, it established a pediatric hospital, the Children's Hospital at Montefiore. The hospital made international headlines when a series of operations successfully separated the conjoined twins Carl and Clarence Aguirre of the Philippines. The Montefiore Headache Center, the oldest headache center in the world, was ranked number one among New York Best Hospitals in 2006 by New York Magazine. The Emergency Department is among the five busiest in the United States. Its hospitals provide more than 85,000 inpatient stays per year, including more than 7,000 births. In 2007, it was among over 530 New York City arts and social service institutions to receive part of a $20 million grant from the Carnegie Corporation, which was made possible through a donation by New York City mayor Michael Bloomberg. On September 9, 2015, Montefiore assumed operational and financial oversight of the Albert Einstein College of Medicine from Yeshiva University.

During the 2020 COVID-19 pandemic, Montefiore Medical Center – Moses division became one of the first designated COVID centers, and the first to achieve in-house COVID-19 testing in New York City using the polymerase chain reaction.

From Wikipedia’s article on Montefiore Einstein Medical Center, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

  • Lady of Mercy Medical Center
  • Montefiore New Rochelle Hospital

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Montefiore Medical Center revenue by year1$5.9B in 2024+72% since 2015
0$2.0B$4.0B$6.0B2015: $3.4B$3.4B20152016: $3.6B$3.6B2016+5%2017: $3.7B$3.7B2017+4%2018: $3.9B$3.9B2018+5%2019: $4.2B$4.2B2019+7%2020: $4.3B$4.3B2020+3%2021: $4.2B$4.2B2021−2%2022: $4.6B$4.6B2022+8%2023: $5.1B$5.1B2023+10%2024: $5.9B$5.9B2024+17%
  • 2024$5.9B1
  • 2023$5.1B1
  • 2022$4.6B1
  • 2021$4.2B1
  • 2020$4.3B1
  • 2019$4.2B1

Timeline

  1. 1884Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$297.8M 2008–2026
Figures by year
YearFederal grantsOther federal assistanceFederal contractsTotal
2026$11.0M––$11.0M
2025$11.9M––$11.9M
2024$13.4M–$5.2K$13.4M
2023$13.2M––$13.2M
2022$13.7M–$32.0K$13.7M
2021$16.1M––$16.1M
2020$41.6M$1.0M$32.0K$42.6M
2019$9.1M–$24.8K$9.1M
2018$19.4M––$19.4M
2017$13.8M––$13.8M
2016$13.7M––$13.7M
2015$14.2M–$37.4K$14.3M
2014$11.5M––$11.5M
2013$7.1M––$7.1M
2012$13.1M––$13.1M
2011$15.2M–$2.1M$17.3M
2010$22.3M–$2.7M$25.0M
2009$18.8M–$992.9K$19.8M
2008$9.1M–$2.6M$11.7M

Federal awards

Obligated amounts from USAspending.gov7, by calendar year, 2008–2026, for 2 registered units, including subsidiaries under the same parent. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest grants

  1. Nov 1, 2001$29.5M from Health Resources and Services Administration: Community Health Centers; Health Center Program (Community Health Centers, Migrant Health Centers, Health Care For The Homeless, And Public Housing Primary Care); Health Center Program; Affordable Care Act (Aca) Grants For New And Expanded Services Under The Health Center Program; Grants For New And Expanded Services Under The Health Center Program8 To MONTEFIORE MEDICAL CENTER Award H8000011
  2. Nov 1, 2001$28.2M from Health Resources and Services Administration: Consolidated Health Centers (Community Health Centers, Migrant Health Centers, Health Care For The Homeless, Public Housing Primary Care, And School Based Health Centers); Affordable Care Act (Aca) Grants For New And Expanded Services Under The H; Affordable Care Act (Aca) Grants For New And Expanded Services Under The Health Center Program; Grants For New And Expanded Services Under The Health Center Program9 To MONTEFIORE MEDICAL CENTER Award H80CS00011
  3. Sep 30, 2015$13.6M from Administration for Children and Families: Affordable Care Act (Aca) Health Profession Opportunity Grants; Health Profession Opportunity Grants10 To MONTEFIORE MEDICAL CENTER Award 90FX0034
  4. Aug 1, 2012$13.4M from Health Resources and Services Administration: Coordinated Services And Access To Research For Women, Infants, Children, And Youth11 To MONTEFIORE MEDICAL CENTER Award H1224849
  5. Aug 1, 2012$12.6M from Health Resources and Services Administration: Coordinated Services And Access To Research For Women, Infants, Children, And Youth; Coordinated Services And Access To Research For Women, Infants, Children,12 To MONTEFIORE MEDICAL CENTER Award H12HA24849
  6. Sep 30, 1991$11.3M from Health Resources and Services Administration: Grants To Provide Outpatient Early Intervention Services With Respect To H; Grants To Provide Outpatient Early Intervention Services With Respect To Hiv Disease13 To MONTEFIORE MEDICAL CENTER Award H76HA00045
  7. Aug 1, 2014$10.8M from National Institutes of Health: Cancer Treatment Research; Cancer Control14 To MONTEFIORE MEDICAL CENTER Award UG1CA189859
  8. Apr 1, 2002$10.6M from National Institutes of Health: Trans-Nih Recovery Act Research Support; Extramural Research Programs In The Neurosciences And Neurological Disorders15 To MONTEFIORE MEDICAL CENTER Award R01NS043209

Largest direct payments

  1. $1.0M from Federal Communications Commission: Covid-19 Telehealth Program16 To MONTEFIORE MEDICAL CENTER Award CAO046011

Largest contracts

  1. Aug 15, 2007$6.4M from National Institutes of Health: Baa innovative therapies, montefiore, pi ilowite, basic award17 To MONTEFIORE MEDICAL CENTER Award HHSN268200700015C
  2. Jan 1, 2006$4.7M from National Institutes of Health: Early therapeutics development with phase ii emphasis18 To MONTEFIORE MEDICAL CENTER Award HHSN261200622004C
  3. Dec 10, 2010$2.2M from Department of the Army: Applied hlth info technologies - clinical looking glass #10138001 and medical surveillance technology - clinical looking glass # 1019400219 To MONTEFIORE MEDICAL CENTER Award W81XWH11C0016