State funnels $29M in distressed hospital funding to Bronx physician group: report

A politically involved Bronx-based physician network received $29 million from a state fund formerly reserved for distressed hospitals and nursing homes, a new report found.SOMOS Community Care, a nonprofit physician network based in Kingsbridge, received funds from the Vital Access Provider Assurance Program, a $2.9 billion Medicaid program originally designed to aid financially struggling hospitals and nursing homes, according to a report released by the Albany-based think tank Empire Center for Public Policy on Monday.Changes to the Medicaid program enacted in the 2023 budget process expanded the program to other types of providers and may have allowed SOMOS to uniquely benefit — so much so that the state included a specific budget line to funnel money to the organization, state documents obtained by the Empire Center show.Bill Hammond, a senior health policy fellow with the Empire Center and author of the report, said that the funding to SOMOS comes as its leaders and affiliated physicians ramped up their campaign contributions. The organization has been tied to $2.2 million in campaign donations over the last decade, the report shows.“I thought that was kind of provocative that you would see a big surge in campaign donations from people associated with this medical group, and then see it getting a $29 million grant which kind of stretches the definition of what a distressed provider is,” Hammond said. “It just raises the question of how the Health Department... Continue reading at 'Crains New York'

[ Crains New York | 2024-03-20 09:33:04 UTC ]
News tagged with: #andrew cuomo #vice chair #daily beast #somos

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Bertelsmann reports highest nine-month group sales since 2007

Penguin Random House's parent company Bertelsmann has reported its highest nine-month group sales since 2007, with a 2.4% rise in revenue year-on-year to €12.4bn. Continue reading at The Bookseller

[ The Bookseller | 2018-11-09 00:00:00 UTC ]
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Newsweek Media Group’s Publisher and Finance Director Resign Amid Reports of Advertising Fraud

Newsweek Media Group's chairman and finance director have resigned from their roles at the company. Newsweek Media Group (formerly IBT Media)--which owns Newsweek, International Business Times and other digital media properties--confirmed in a memo to staff on Thursday that Etienne Uzac and... Continue reading at AdWeek

[ AdWeek | 2018-02-03 00:00:00 UTC ]
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Jilly Cooper believes literary fiction should not receive state funding

Author Jilly Cooper has said that literary fiction should not receive state support, arguing instead that the money would be better spent on the declining newspaper industry. Continue reading at The Bookseller

[ The Bookseller | 2018-01-04 00:00:00 UTC ]
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Bertelsmann reports 7% rise in group profit

Bertelsmann, which has a 53% stake in Penguin Random House, has reported 7% rise in group profit in its first quarter to almost €200m.  Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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Report: Miami Marlins to be sold to group led by Derek Jeter, Jeb Bush

Could Derek Jeter do for the Miami Marlins what Magic Johnson did for the Dodgers? A group led by Jeter and former Florida Gov. Jeb Bush have won the bidding for the Miami Marlins, Bloomberg reported Tuesday. Neither the Marlins nor Major League Baseball would comment on the report. If the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-04-26 00:00:00 UTC ]
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JS Group reports 6% revenue drop for 2016

Academic retailer JS Group has reported a 6.2% year-on-year revenue drop to £38.1m in its annual results covering the financial year ending 31st May 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-01 00:00:00 UTC ]
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Libraries' Ambition report offers £4m fund but 'ignores the real issues'

The long-awaited Ambition report for Public Libraries has been published, urging local authorities to use libraries to deliver other public services such as health, with the help of a £4m dedicated fund. Continue reading at The Bookseller

[ The Bookseller | 2016-12-02 00:00:00 UTC ]
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Call for the digital giants to fund public service reporting

Academics, politicians and trades unionists seek a way to ensure that Google and Facebook pay a 1% levy in order to support new news providers This letter, Support new news providers via a levy on digital giants like Google and Facebook, was published in the print issue of the Guardian on... Continue reading at The Guardian

[ The Guardian | 2016-11-12 00:00:00 UTC ]
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Female Crime Writers Group Issues Diversity Report

After polling 1,100 of its members, the female crime writers group found that it is a disproportionately white organization. Non-hispanic whites make up 93% of its membership, compared to 62% of the U.S. population. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-17 00:00:00 UTC ]
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BizWest Media Sells Wyoming Business Report to Adams Publishing Group

BizWest Media LLC has sold The Wyoming Business Report to APG Media of the Rockies LLC. In the wake of the deal, the Wyoming Business Report became the sister publication to several community newspapers in Wyoming, including the Wyoming Tribune Eagle ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-12-03 00:00:00 UTC ]
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Multi-State Lawsuit Filed Against Orbital Publishing Group

The company, along with a network of other entities, is accused of charging as much as twice the regular subscription price and pocketing the difference. The post Multi-State Lawsuit Filed Against Orbital Publishing Group appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-04-02 00:00:00 UTC ]
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Ali Smith: Warwick report 'deeply distressing'

Writer Ali Smith has said the decrease in contact with the arts in state schools, revealed in the Warwick Commission's report yesterday (18th February), is "deeply distressing" and the sign of an education system "going backwards". Continue reading at The Bookseller

[ The Bookseller | 2015-02-20 00:00:00 UTC ]
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Robb Report Sold to PE Group

Robb Report, a magazine and lifestyle brand dedicated to the ultra wealthy, has been sold to Rockbridge Growth Equity, a Detroit-based private equity firm. Terms weren't disclosed. Continue reading at Folio Magazine

[ Folio Magazine | 2014-12-04 00:00:00 UTC ]
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Apple settles ebook antitrust dispute with U.S. states, consumer group

Apple has reached an out-of-court settlement in the ebooks price-fixing lawsuit with U.S. states and a consumer group ahead of a trial for damages scheduled for July 14, according to records in a New York federal court.The iPhone maker will, however, continue its appeal of a verdict in July last... Continue reading at PC World

[ PC World | 2014-06-17 00:00:00 UTC ]
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State of Digital Publishing in Canada: The Official Report

According to a report from BookNet Canada, "Canadian publishers have adapted to the appetite for digital reading and embraced ebook publishing as a new norm." Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-18 00:00:00 UTC ]
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Louisiana state library funding has been eliminated

Citing budget concerns, Louisiana Gov. Bobby Jindal has signed a $25-billion budget that eliminates almost $900,000 in state funding for its libraries. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-07-02 00:00:00 UTC ]
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Nielsen’s Events Group Reports Solid First Quarter

Nielsen reported its first quarter results this morning and overall revenue was up 7 percent to $1.3 billion and adjusted EBITDA grew 8.5 percent to $320 million compared to Q1 2010. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-29 00:00:00 UTC ]
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Changes at Little Tiger Group as Truong made group publishing director

The Little Tiger Group is bringing all of its imprints—Little Tiger, Caterpillar, Stripes and 360 Degrees—under the Little Tiger brand, with Thomas Truong promoted to the role of group publishing director. Continue reading at The Bookseller

[ The Bookseller | 2020-03-11 00:36:47 UTC ]
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B&N Reports Falling Sales in Fiscal 2017 Report

The country's largest book chain said sales dropped 6.5% in the fiscal year, ended April 29. Barnes & Noble reported lower losses in its Nook division, however, which led to a jump in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
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My Job in 5: Sarah Taylor, group marketing manager, Troubador Publishing Group

We interviewed Sarah Taylor, group marketing manager at Troubador Publishing Group about her role. Continue reading at The Bookseller

[ The Bookseller | 2016-07-14 00:00:00 UTC ]
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