How Jason Colodne and Colbeck Capital are Showing Support
Integrated health care is becoming a pivotal topic of conversation among health systems and their operators. Now more than ever, providing a complete care offering under a single heading is tied to better access and, ultimately, outcomes. NewYork-Presbyterian stands today as one of the country’s most integrated health care systems, consisting of medical schools, medical centers, and hospitals that align to offer a high quality of comprehensive and compassionate care for every patient who needs it.
It’s through donations and funding received from individual and corporate contributors, paired with the unflagging hard work of health care professionals and caregivers, that health systems like NewYork-Presbyterian can provide critical services to the community. In 2022, Jason Colodne and Colbeck Capital Management were among those who contributed their support to the organization, helping to fund programming and research through the hospital as well as through the Weill Cornell Medicine Hypertension Center. Funding helps the health system attract and retain the talent it needs to provide adequate and inclusive care for every member of the public. In addition, donors are able to contribute to emergency response funds and staff support funds.
NewYork-Presbyterian puts every penny to work, sustaining 10 hospital campuses across the city as well as over 200 primary and specialty care clinics and medical groups. Contributions to the health care system help ensure that it’s able to serve those in need no matter their ability to pay for that care. Programs are also expanded in response to community demand for both children and adults. The health system is also renowned for its state-of-the-art facilities and industry-leading faculty, which donations help to fund, maintain, and retain.
The health care system processed and served over 2 million people in 2021 alone. Four major divisions make up the main NewYork-Presbyterian network, the hospital itself, a regional hospital network covering the Hudson Valley and Queens, medical groups, and an ambulatory care network. Each group is designed to meet the unique medical needs of the greater New York City community that it serves.
This was seen as New York emerged as an epicenter of the COVID-19 pandemic, where staff and faculty throughout the health care system more than doubled the number of intensive care unit beds by creatively converting other spaces, such as operating rooms and cardiac catheterization labs, into usable and appropriate COVID-19 treatment and triage areas. While the pandemic may be showing signs of tapering off, NewYork-Presbyterian continues to serve those afflicted with it as well as those affected by outbreaks of the flu and RSV.
The hospital has a long history of providing for the needs of New York City’s citizens. Founded in 1771 via a royal charter by King George III of England, and over time, the hospital has seen patients who fought in the Revolutionary War, founded an infirmary specifically for women and children in the 1850s, and benefited from the care provided by famed nurse Florence Nightingale. In 1998, New York Hospital merged with The Presbyterian Hospital, taking on its current moniker, and combining to create the largest health care system in the state.
Today, the hospital system includes two world-renowned medical schools, Weill Cornell Medicine and Columbia University’s Vagelos College of Physicians and Surgeons. As supporters of New York-Presbyterian, Jason Colodne and Colbeck Capital Management also put their backing behind these programs, which are integral to training and retaining the best talent in medicine. Research coming from the students and staff at these institutions, specifically Weill Cornell, contributed to developing rapid response tests to diagnose COVID-19 and helped study the effects of the disease on hypertension and cardiac care. Donors are encouraged to find the means that suits them best, either through one-time giving online or via mail, through the transfer of stocks, or through the dedicated support of specific programs including the COVID-19 Patient Care Fund.
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