Tag: Hospitals

(This post has been updated to correct errors.) Albany's newly enacted budget appears to increase the state share of Medicaid spending by $4.2 billion or 13 percent, c Read More

As New York's health-care industry agitates for more money from the state budget, two of its most influential lobbying groups are airing TV ads that make alarmist and inaccurate claims about Medicaid. Read More

Two years ago last week, I wrote in the Daily News about how then-Governor Andrew Cuomo was pushing a costly change to insurance law on behalf of a hospital group that had supported his campaign through a fun Read More

The average profit margins of New York hospitals — and the share of institutions operating in the black — hit their highest levels in at least five years in 2021, according to a new analysis of the most recent data published by the Empire Center.  Read More

Despite ongoing pandemic-related disruptions, New York’s hospitals bounced back financially in 2021, posting their strongest balance sheets in five years or more.  Read More

Friday's announcement of an amended labor contract for New York City-area hospitals and nursing homes sends a contradictory message about the financial condition of the state's health-care industry. Read More

During testimony on the state budget last week, a hospital industry official made an attention-grabbing but misleading claim – that New York's Medicaid payments to providers are "the worst in the United States." Read More

A City Council hearing in Manhattan on Thursday promises a rare scene in New York politics: hospitals playing defense. The council is debating whether to establish a watchdog agency focused on the high price of hospital care in New York, with a goal of helping the city and other employers contain the rapidly rising cost of health benefits for workers. Read More