What Albany Medical Center does

Albany Medical Center, founded in 1839 as Albany Medical College by AMA co-founder Dr. Alden March, is the only academic medical center within a 150-mile radius and operates as the anchor of the Albany Med Health System — the largest and only regionally governed health system in northeastern New York and western New England. The institution runs a 766-bed tertiary hospital verified as both the busiest Level 1 Trauma Center in New York State and the only Level 1 Pediatric Trauma Center in the region, supported by four affiliated community hospitals (Columbia Memorial Health, Glens Falls Hospital, Saratoga Hospital, Visiting Nurses), 125+ outpatient locations, four emergency departments, and affiliations with the Samuel S. Stratton VA Medical Center and the Capital District Psychiatric Center. Clinical throughput includes 75,000+ ED visits at the flagship, 185,000 ED visits system-wide, 2.9 million outpatient visits, and 49,000 surgical cases annually, serving roughly 3 million people across the catchment.

The educational and research portfolio is built on a 46-program ACGME-accredited residency and fellowship structure, an MD program admitting ~145 students per year from 14,000+ applicants (1% acceptance rate) and conferring 220+ degrees annually across MD, MS, PhD, DNP, and certificate programs (Physician Assistant, Nurse Anesthesiology, Alden March Bioethics Institute, Biomedical Sciences, Clinical Investigation, Human Anatomy). Technology infrastructure centers on the Patient Safety & Clinical Competency Center (Laerdal SimMan simulation, standardized patient program) and the Office of Translational Research, Innovation, and Technology Transfer, which manages a 10-asset IP portfolio spanning vaccine platforms, immune cell therapy, ML for spinal cord stimulation, and bioinnovation incubation in partnership with the Albany College of Pharmacy and Health Sciences.

The business model is a hybrid of patient care revenue, tuition (MD program $58,750/year, PA $90,000 over 28 months, Nurse Anesthesiology $112,491 over nine terms, Bioethics $2,812-$3,000 per 3-credit course, Basic Sciences $28,992 annually), sponsored research (30 NIH grants totaling $13.2M in 2024; $18.1M across 406 active awards in FY2022 with 592 peer-reviewed publications), and philanthropy (the $500,000 Albany Prize in Medicine). Customer segments are split across medical students, residents/fellows, graduate researchers, bioethics students, practicing clinicians (CME), and a 3-million-person patient population. The institution is governed as a private, regionally organized not-for-profit system with no VC, PE, or public ownership; 9,000+ employees make it the Capital Region's largest private employer, and 40% of regional medical professionals are Albany Medical College alumni.

Name

Albany Medical Center

Legal name

Albany Medical College

Website

https://amc.edu

Company type

Private

Founded year

1839

Operating status

Operating

Headcount range

11–50 employees

Short description

Albany Medical Center is a private academic medical center and the only one within a 150-mile radius, operating a 766-bed flagship hospital plus three affiliated community hospitals serving 3 million people in northeastern New York. It runs an MD program, 46 residency/fellowship programs, and graduate degrees, with 840+ students, 9,000+ employees, and $13.2M in annual NIH funding.

Ownership category

akta.pro rank

Product category

Academic Medical Center & Medical Education

NAICS

General Medical and Surgical Hospitals (6221)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062)

akta.pro primary industry

Academic Medical Centers (AMCs) & Teaching Hospitals (HLAFAAAA)

akta.pro secondary industries

Trauma Centers & Level I–IV Trauma Hospitals (HLAFAAAK), Hospital-Integrated Cancer Centers (Acute Oncology Programs) (HLAFAAAM), Medical Schools (MD/DO Granting) (EDAHAGAB)

Keywords

• Medical education
• Academic medical center
• Healthcare services
• Graduate medical education
• Biomedical research

Headquarters

HQ city

Albany

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. MD Program Tuition: Annual tuition-based revenue from medical degree program
2. Graduate Program Tuition: Tuition from Nurse Anesthesiology (DNP), Physician Assistant (MS), Bioethics, Basic Sciences, and Human Anatomy programs
3. Healthcare Services: Patient care services across 766-bed hospital, 125+ locations, emergency departments handling 185,000 visits annually, 2.9 million outpatient visits annually
4. Research Grants and Sponsored Programs: NIH funding, grants from foundations and federal agencies; 30 active NIH grants totaling $13.2 million in 2024
5. Continuing Medical Education: CME programs for medical professionals to maintain competency and learn about new developments

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Albany Medical Center operates as an academic medical center combining a 766-bed teaching hospital (Level 1 Trauma Center) and a private medical college founded in 1839. It delivers physician and health professional degree programs (MD, MS, PhD, DNP), residency and fellowship training, clinical patient care across northeastern New York, and biomedical research programs funded through NIH grants.

Product overview

Albany Medical College is one of the nation's oldest private medical schools (founded 1839) operating as the educational arm of the Albany Med Health System. The institution offers a unified portfolio of educational products centered on medical and biomedical education: the MD Program serves as the core product delivering the Doctor of Medicine degree, complemented by specialized graduate programs including Physician Assistant Studies (MS), Nurse Anesthesiology (DNP), the Alden March Bioethics Institute (MS, DPS, certificates), Biomedical Sciences (MS, PhD across four research centers), Clinical Investigation (MS, certificate), and Human Anatomy (MS). Graduate Medical Education includes 46 Residencies & Fellowships programs. Supporting infrastructure includes the Patient Safety & Clinical Competency Center (Simulation Center) with Laerdal SimMan technology, Continuing Medical Education, Clinical Pastoral Education, and the Office of Translational Research for technology transfer. Research programs are organized across four basic science departments, with clinical trials conducted through the Office of Clinical Trials. The Albany Prize in Medicine recognizes outstanding biomedical research contributions globally. The institution confers 220+ degrees annually across MD, MS, DNP, PhD, and certificate programs, serving approximately 840 students within the broader Albany Med Health System of 766+ bed hospital and affiliated facilities.

Differentiator

Problem solved

Functional benefit

Brands

• Alden March Bioethics Institute: Internationally recognized bioethics institute offering MS in Bioethics, Doctorate of Professional Studies, and graduate certificate programs.

Products and services

• MD Program Four-year Doctor of Medicine (MD) degree program educating physicians, maintaining a small class size of approximately 145 diverse students admitted from 14,000+ annual applicants. LCME-accredited.
• Physician Assistant Studies (MS) 28-month Master of Science program in Physician Assistant Studies educating PAs since 1972 with experienced faculty and comprehensive clinical rotations.
• Nurse Anesthesiology (CRNA/DNP) Doctor of Nursing Practice (DNP) program for experienced critical care RNs seeking Certified Registered Nurse Anesthetist (CRNA) credential, structured across 9 terms.
• Alden March Bioethics Institute Internationally recognized bioethics program offering MS in Bioethics, Doctorate of Professional Studies, dual degree programs, and graduate certificates.
• Biomedical Sciences (MS, PhD) Graduate research programs (MS, PhD) across four interdisciplinary centers: Immunology & Microbial Disease, Molecular & Cellular Physiology, Neuroscience & Experimental Therapeutics, and Regenerative & Cancer Cell Biology.
• Clinical Investigation (MS) Master of Science in Clinical Investigation and Graduate Certificate programs training investigators in experimental design, statistics, and clinical research.
• Master of Science in Human Anatomy Two-year standalone MS program training students as educators in anatomical sciences, addressing the nationwide shortage of human anatomists.
• Residencies & Fellowships 46 ACGME-accredited residency and fellowship programs covering surgical, medical, and hospital disciplines for graduate medical education.
• Clinical Pastoral Education ACPE-accredited Level I and Level II CPE program providing interfaith professional education for seminary students, ordained ministers, chaplains, and lay people.
• Continuing Medical Education (CME) Professional development programs helping practicing medical professionals maintain competency, learn new developments, and earn CME credits.
• Clinical Trials Hundreds of clinical trials across all fields including Alzheimer's disease, cancer, multiple sclerosis, and more, vetted and managed through the Office of Clinical Trials.
• Hospital and Outpatient Clinical Services Patient care services delivered through a 766-bed hospital, 125+ outpatient locations, and four emergency departments handling 185,000 visits annually and 2.9 million outpatient visits annually across the Albany Med Health System.

Quantifiable outcome

• 1% MD program acceptance rate (145 from 14,000+ applicants)
• +3 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• St. Peter's Health PartnerscoreStrategic or Co-development Partner · 4 April 2026Three major healthcare providers in the Albany, New York area announced partnership on April 4, 2026 aimed at enhancing patient care by breaking down organizational barriers and streamlining services. Collaboration involves integrating electronic health records, coordinating specialty referrals, and developing joint programs to address longstanding inefficiencies in the regional healthcare system.
• Ellis MedicinecoreStrategic or Co-development Partner · 4 April 2026Partnership with Ellis Medicine to integrate electronic health records, coordinate specialty referrals, and develop joint programs addressing regional healthcare system inefficiencies. Joint committees and working groups will implement these initiatives.
• Albany College of Pharmacy and Health Sciences (ACPHS)majorStrategic or Co-development PartnerRegular collaboration with Albany College of Pharmacy and Health Sciences on education, research, and regional innovation initiatives. Co-hosts Capital Region Bioinnovation Bootcamp covering IP, FDA, funding, and market strategy.
• Stack Family Center for Biopharmaceutical Education and Training (CBET)majorStrategic or Co-development PartnerCollaboration with CBET at Albany College of Pharmacy and Health Sciences for biopharmaceutical education and training programs.
• Columbia Memorial HealthcoreStrategic or Co-development PartnerMember of Albany Med Health System. Hudson Valley community hospital with 192-bed acute care facility and 40+ primary/specialty care centers serving 110,000+ residents in Columbia, Greene, and Dutchess counties.
• Glens Falls HospitalcoreStrategic or Co-development PartnerAlbany Med Health System member serving patients across five counties in 6,000 square miles. Home to C.R. Wood Cancer Center, Joyce Stock Snuggery Childbirth Center, Wound Healing Center.
• Saratoga HospitalcoreStrategic or Co-development PartnerOnly acute care facility in Saratoga County with 450+ physicians providing care at 20+ locations from urgent care to primary care to specialized services.
• Samuel S. Stratton VA Medical CentermajorStrategic or Co-development Partner401-bed teaching hospital affiliated with Albany Medical College. Full-time physicians have faculty appointments. Second, third, and fourth-year medical students receive clinical instruction here.
• Capital District Psychiatric CentermajorStrategic or Co-development PartnerCooperative agreement with NYS Office of Mental Health. Adjacent to the College, adds substantially to teaching and research capabilities in psychiatry and related fields.
• Whitney Young Health CenterminorChannel Partner/ Reseller/ DistributorCommunity health center in Albany dedicated to providing affordable, accessible, high quality, innovative medical, dental and addiction services regardless of income or insurance. Provides ambulatory care educational experiences.
• Hudson Headwaters Health NetworkminorChannel Partner/ Reseller/ DistributorHealthcare network providing care in Adirondack, Lake George, and Glens Falls communities for required and elective clinical experiences.

Scale indicators16 records

Recent moves7 records

Expansion highlights5 records

Regional players

• Baystate Health: Springfield, MA-based regional health system anchored by Baystate Medical Center, an academic-affiliated tertiary hospital with UMass Chan teaching ties - a comparable regional referral center in western New England adjacent to Albany Med's catchment.
• MaineHealth (Maine Medical Center): Portland-based regional academic medical system centered on Maine Medical Center, a Tufts University School of Medicine teaching hospital with trauma, research, and multi-site ambulatory services analogous to Albany Med.

Direct peers

• UMass Memorial Medical Center: Worcester-based academic medical center affiliated with UMass Chan Medical School, providing tertiary care, trauma services, and biomedical research in a similar-size New England market.
• Dartmouth Health (Dartmouth-Hitchcock Medical Center): New Hampshire-based academic medical center anchored by Dartmouth's Geisel School of Medicine, providing tertiary care, Level 1 trauma, and NIH-funded research to a comparable rural/small-city New England catchment.
• University of Rochester Medical Center: Rochester, NY-based academic medical center with a medical school, Level 1 trauma, NIH-funded research, and multi-specialty teaching hospital - the closest geographic and structural analog to Albany Med's AMC model in upstate New York.
• St. Peter's Health Partners: Albany-area Catholic health system that became Albany Med's April 2026 Capital Region partnership counterpart for integrated EHR and specialty referral coordination; comparable in scale and mission within the same regional market.
• University of Vermont Health Network: Burlington-based academic health system with UVM's Larner College of Medicine, multi-hospital footprint, and research mission - a near-comparable northern New England AMC peer to Albany Med.
• SUNY Upstate Medical University: Syracuse-based public academic medical center combining a medical school, university hospital, research enterprise, and Level 1 trauma services - a direct upstate NY peer to Albany Med.

Broad incumbents

• Yale New Haven Health: Large Connecticut-based academic health system anchored by Yale New Haven Hospital, a research-intensive AMC and medical school affiliate that competes with Albany Med for New England patient referrals, faculty, and NIH funding.
• Hartford HealthCare: Connecticut's largest integrated health system anchored by Hartford Hospital, a Level 1 trauma center and academic-affiliated teaching hospital competing with Albany Med for southern New England tertiary referrals.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/AlbanyMed
• YouTubeyoutube.com/albanymedicalcenter
• Facebookfacebook.com/AlbanyMed
• LinkedInlinkedin.com/company/albany-medical-center
• Instagraminstagram.com/albanymed

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Albany Medical Center