Phyllis Lantos Appointed Executive Vice President, Chief Financial Officer and Treasurer at NewYork-Presbyterian

Oct 1, 2007

NEW YORK

Phyllis Lantos has been named Executive Vice President at NewYork-Presbyterian Hospital. She also maintains the titles of Chief Financial Officer and Treasurer. In the new position, she will be responsible for all financial matters related to the Hospital, including financial reporting, financial planning, revenue cycle, budget, reimbursement, cost accounting, financing, insurance and managed care.

"The health of our Hospital's finances directly affects the quality of care we are able to provide to our patients. Phyllis Lantos and her staff have continually shown a phenomenal ability to manage our bottom line, even in the continuing challenging economic climate for health care," says Dr. Herbert Pardes, President and CEO of NewYork-Presbyterian.

Ms. Lantos joined NewYork-Presbyterian in 2000 as Senior Vice President and Chief Financial Officer. Previously she was Deputy Chief Operating Officer at Yale University School of Medicine and Vice President of Financial Management Services at Montefiore Medical Center. She has also held positions with the City of New York and Chemical Bank. She holds a S.M. Management degree from the Alfred P. Sloan School of Management (M.I.T.) and an S.B. in Mathematics from M.I.T.

"I very much look forward to continuing to help ensure the long-term financial stability of NewYork-Presbyterian in order that we can provide the highest quality care for our patients and the communities we serve," says Ms. Lantos. "The Hospital also plays a larger leadership role, helping to shape health-care policy decisions with the goal of providing appropriate funding for and improved delivery of care in New York and nationally."

Ms. Lantos has served as an advisor or active participant in various technical committees for organizations, including the Greater New York Hospital Association, Hospital Association of New York State, Association of American Medical Colleges, New York State Department of Health and the American Hospital Association. Ms. Lantos is also chair of the board of trustees of MCIC Vermont, Inc., NewYork-Presbyterian's malpractice captive, and a member of the board of New York Hospital Queens.

Ms. Lantos is a native of Queens, New York, and currently resides in Westchester with her husband, Dr. George Lantos.

NewYork-Presbyterian Hospital

NewYork-Presbyterian Hospital—based in New York City—is the nation's largest not-for-profit, non-sectarian hospital, with 2,242 beds. It provides state-of-the-art inpatient, ambulatory and preventive care in all areas of medicine at five major centers: NewYork-Presbyterian Hospital/Weill Cornell Medical Center, NewYork-Presbyterian Hospital/Columbia University Medical Center, Morgan Stanley Children's Hospital of NewYork-Presbyterian, NewYork-Presbyterian Hospital/Allen Pavilion and NewYork-Presbyterian Hospital/Westchester Division. One of the largest and most comprehensive health-care institutions in the world, the Hospital is committed to excellence in patient care, research, education, and community service. It ranks sixth in U.S.News & World Report's guide to "America's Best Hospitals," ranks first on New York magazine's "Best Hospitals" survey, has the greatest number of physicians listed in New York magazine's "Best Doctors" issue, and is included among Solucient's top 15 major teaching hospitals. The Hospital is ranked with among the lowest mortality rates for heart attack and heart failure in the country, according to a 2007 U.S. Department of Health and Human Services (HHS) report card. The Hospital has academic affiliations with two of the nation's leading medical colleges: Weill Cornell Medical College and Columbia University College of Physicians and Surgeons.

Media Contact:

Kathleen Robinson