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New York City is home to the largest public healthcare system in the US, world-class private medical centers, and a robust, cutting-edge R&D landscape.

As we saw during the COVID-19 pandemic, NYC's healthcare sector workers—from doctors and nurses on the front lines to the lab technicians who processed tens of thousands of tests each day at the City's Pandemic Response Lab—are vital for the city’s economy and for the well-being and livelihood of all New Yorkers.

Promoting Healthcare in NYC

NYCEDC creates and oversees initiatives to foster innovation, help small businesses, and develop infrastructure in the city’s healthcare industry:

  • The Community Health Center Expansion Program provides grant support to federally qualified health centers (FQHCs) in New York City looking to expand. The program helps health centers committed to delivering primary and preventive care services to anyone, regardless of their ability to pay or their immigration status.
  • The Digital Health Breakthrough Network gives early-stage startups the opportunity to generate data they need to improve their technologies and launch into their next stage of growth. Startups collaborate with NYC-based healthcare providers quickly and affordably to source pilot studies. These studies help produce the data necessary to refine prototypes or seek early clients and investors.

NYCEDC Facilitates Over $130M in Bonds for Richmond University Medical Center

Press Release  
Richmond University Medical Center. Photo Courtesy of Richmond University Medical Center.
A lot of programs talk about the need to better support diversity in tech and entrepreneurship, but the Digital Health Breakthrough Network is actively making it happen.
Dr. Tran Tu Huynh
Founder & CEO, OpticSurg, Digital Health Breakthrough Network cohort member
  • The Digital Health Marketplace connects buyers and sellers of health technologies. This helps New York City's hospitals, health systems, payers, and clinics transform healthcare across the five boroughs.

And the City remains committed to advancing public health. That's why NYCEDC is working with the City to launch and operate the Pandemic Response Institute (PRI), a new institution dedicated to preparing New York City for future pandemics and public health emergencies. The Institute is part of an ongoing vision to make New York City the public health capital of the world.

Supported by a commitment of $20 million in City funds, the PRI will work to make the best aspects of New York City’s response to COVID-19 permanent, while addressing gaps in health infrastructure for the future—especially those that have disproportionately caused harm to communities of color and others facing structural inequities.

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