Wipe those tears away, “Grey’s Anatomy” fans, and come out from hiding in the supply closet, because according to reports, your favorite medical drama still has a pulse. That’s right, ABC president Paul Lee addressed the rumors of “Grey’s Anatomy” potentially ending after Season 11 and confirmed the hit show created by Shonda Rhimes will not be canceled -- at least not for another season.

“[It’s] not the final season,” Lee told reporters on Tuesday, promising that the long-running drama had not flatlined along with Patrick Dempsey’s beloved character, Derek Shepherd. (McDreamy was killed off in Season 11 in a horrific car crash.)

In addition to announcing that there would be a 12th season of “Grey’s Anatomy,” the ABC president said he was hopeful the drama would continue beyond next season. “I would like to see [the show] run for many, many years to come,” Lee said.

Both “Grey’s Anatomy” and “Castle” were saved from cancellation by the network, and we can’t exactly say we’re surprised. Neither can Lee, who called the shows “powerful, vibrant brands with incredibly passionate audiences.”

And both series have enthusiastic casts. Ellen Pompeo, who plays Meredith Grey on the hospital drama, showed her excitement about the renewal on her Instagram account.

“I think I have earned the right to declare today International ‘Grey’s Anatomy’ Fan Appreciation Day!' ” the 45-year-old actress captioned a photo of herself on Tuesday. “We are rolling out Season 12 ... All because of you ... Get ready for lots of selfies.”

Oh, we are, Ellen. We are.

ABC gave “Grey’s Anatomy” the greelight for a 12th installment on Thursday, May 7, according to TVLine. The Season 11 finale will air Thursday, May 14, at 8 p.m. EDT on ABC.

Are you excited that “Grey’s Anatomy” was renewed? Don’t forget to tune in to the final episode of Season 11, “You’re My Home,” on Thursday.