NYU Langone Financial Reports
NYU Langone releases quarterly financial reports. Our latest disclosure, available below, shows that NYU Langone鈥檚 top quality and safety outcomes continue to drive volume, leading to a consistent sustainable growth rate and operational success. In the three months ending November 30, 2024, NYU Langone Health recorded an operating margin of 4.0 percent as operating revenues grew to $3.7 billion, marking an 11.7 percent increase from the comparable period in the prior year. The NYU Langone Health operating margin includes the NYU Langone Hospitals operating margin of 9.3 percent and the Long Island Community Hospital operating margin of 0.2 percent; these gains are partially offset by a 5.2 percent operating loss from the medical schools.
Key drivers of volume growth for the enterprise include a 4.3 percent increase in inpatient discharges, an 8.3 percent increase in outpatient surgical volume, and a 7.7 percent increase in emergency department visits. NYU Langone Health continues to maintain low length of stay, which results in greater capacity, and in connection with increased volume, contributed favorably to the growth in operating revenues. Our disciplined fiscal management continues to govern operating expenses with a commitment to efficiency.
2025 Fiscal Year
Quarterly Report (Q1)
Dates: The three months ended November 30, 2024, and November 30, 2023
Released: January 28, 2025
2024 Fiscal Year
Annual Report
Dates: August 31, 2023, to August 31, 2024
Released: November 18, 2024