Mount Sinai logo with mountain graphic and the words "We Find a Way" on a dark blue background.

Mount Sinai

Mount Sinai hospital executives seem more interested in becoming Silicon Valley titans than investing in patient care. Instead of investing untold millions in artificial intelligence that erodes nurse-patient relationships and compromises safe patient care, we’re calling on Mount Sinai to “Find A Way” to respect our nurses and patients.

Mount Sinai has recently found a way to:

  • Pay executives millions. Mount Sinai’s former CEO Kenneth Davis brought in $7.2 million in total compensation in 2023.

  • Invest untold millions to replace nurse care. Mount Sinai has invested untold millions in artificial intelligence, which aims to replace human care with machine care. Spread across various investment funds, software products, and facilities, it is hard to quantify just how much is being spent. However, their largest investments in a single AI facility totaled over $100 million.

  • Mount Sinai-affiliated venture capital funds run a private for-profit company, Mount Sinai Innovation Partners, that has raised millions from the hospital and outside investors for artificial intelligence and other technologies. However, these funds do not publicize their investments.

  • Put profits over patients. The Mount Sinai Health system as a whole made $127 million in excess revenue in 2024. In the first three months of 2025, Mount Sinai health system posted more than $1.2 billion in revenue from Mount Sinai Hospital on the Upper East Side, a 20% increase over the same period last year. At the same time, they’ve dangerously understaffed several units for months. In nine separate rulings in 2024, independent arbitrators found that Mount Sinai understaffed units and awarded nurses approximately $4.7 million in financial remedies for nurses who worked understaffed.

  • Disinvest in the most vulnerable patients. While Mount Sinai has received millions in grants, some from New York City, and invested in infrastructure, it shuttered Beth Israel Hospital, one of only two private hospitals serving lower Manhattan, and it spent $72,000 on lobbyists to do so. This closure potentially compromises care for the majority Medicaid and Medicare patients who relied on the hospital and adds financial pressure on New York City’s public hospitals, which led the Department of Health to approve the closure only after Sinai promised more investments, including a $28 million payment to NYC Health+Hospitals/Bellevue.