These should be boom times for New York’s hospitals, whose collective revenues have been surging by the billions for several years. Read More
Research
Eliminating profit from an entire sector of the national economy would be unprecedented. But the example of New York, on a smaller scale, shows why it is a recipe for dysfunction. Read More
New York’s hospitals are in the throes of two seemingly contradictory trends. Their collective revenues are showing strong growth, yet more and more of them are chronically operating in the red. Read More
Governor Cuomo is now backing away from Medicaid spending cuts he pushed less than four weeks ago, his second about-face on health-care funding so far this year. Even more head-spinning is his stated rationale: the supposed threat to federal aid outlined in President Trump's budget proposal this week. Read More
With the clock ticking toward the April 1 start of the next state fiscal year, Assembly Democrats just laid out their budget preferences—and, as usual, they add up to a massive tax-and-spend fantasy. Read More
Newly revised data from the state Labor Department indicate New York's regional economic performance gap has grown larger in the last year. On a year-to-year basis, the state gained 103,900 private-sector jobs in January—a growth rate of 1.3 percent at a time when the U.S. as a whole was growing by 2.1 percent, according to the state Labor Department's monthly jobs report. Read More
As the budget process moves into higher gear, Governor Cuomo's "serious as a heart attack" revenue shortfall has turned into something more like angina—but financial risks are mounting along with projected future budget gaps. Read More
Star ratings for New York hospitals went from bad to worse in a newly updated Hospital Compare report card from the federal government. Read More
Barely one in five private construction workers in New York State was covered by a union contract last year, according to newly released statistics that call into question a state public works "prevailing wage" mandate that assumes 30 percent union coverage of building trades occupations across New York. Read More
Requiring New York health plans to cover in vitro fertilization would add up to 1.1 percent to premiums, according to a state study belatedly released today. Read More
Sen. Kirsten Gillibrand is setting herself apart from many "Medicare for All" supporters by offering what sounds like a plan to pay for it. Unfortunately, the revenue source she keeps citing – a 4 percent tax on income – would fall short of what's needed by at least $1 trillion, and more likely $2 trillion, per year. Read More
The collapse of New York's effort to lure Amazon's "second headquarters" to Queens with more than $3 billion in city and state incentives sheds fresh light on a bigger, ongoing corporate subsidy—New York State's Film and TV Production Credit. Read More