A brewing fiscal crisis at One Brooklyn Health, which has received more than $1 billion in turnaround funding from the state, raises the question of whether that money has been well spent. Read More
Tag: Hospitals
The murky world of hospital pricing would be exposed to more sunlight under a bill approved this week by state lawmakers. The legislation calls for the state-run employee healt Read More
(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