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Icahn School of Medicine at Mount Sinai Honors Innovators in Scientific Research and Health Care Philanthropy at 2013 Commencement Ceremony
Date:5/10/2013

e Mount Sinai Boards of Trustees, discussed Mount Sinai’s culture of innovation and collaboration, as demonstrated by the opening of the Leon and Norma Hess Center for Science and Medicine during the 2012-2013 academic year. The Hess Center was designed to foster multidisciplinary teamwork among clinicians and scientists in a state-of-the-art facility featuring one of the largest supercomputers in the United States, which exponentially increases the speed and capacity at which scientists conduct medical research at Mount Sinai. Mr. May emphasized that Mount Sinai students embody that spirit of innovation and collaboration.

“Graduates, you are entering the medical profession at a watershed moment: many of the hallmarks of today’s medicine will be utterly transformed in the years to come,” Mr. May said. “Throughout your training at the Icahn School of Medicine at Mount Sinai, you have been exposed to the very best an academic medical center can offer: extraordinary educators, and mentors, state of the art technology, groundbreaking scientific investigation, and novel opportunities in global health and patient advocacy. Fortunately, your training has prepared you to think innovatively and work collaboratively. Seek opportunities to work together, to share ideas, to make connections. It is through these collaborations that you will conquer the diseases of our time and bring hope to future generations of patients.”

Kenneth L. Davis, MD, President and Chief Executive Officer of The Mount Sinai Medical Center, scrutinized the current fee-for-service system and inefficiency in care delivery, and highlighted accountable care organizations (ACOs) and coordinated care teams as promising solutions to relieving the extraordinary burden of health care spending. For each ACO, the U.S. Centers for Medicare & Medicaid Services sets a reduced spending target and if the hospital meets that goal, it receives half of the cost savings in return. Mount Sinai’s ACO has
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