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 ]
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This summer’s buzziest book club read: The Mueller report

The Mueller report can be intimidating. Book clubs have emerged to get Americans to read, and engage over, the divisive publication.  Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-06-13 23:27:51 UTC ]
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New Report Looks at Translated Literature in Some World Markets

Called a 'Diversity Report,' a new study looks at the status of translated literature various book markets, with emphasis on Austria and Slovenia. The post New Report Looks at Translated Literature in Some World Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-11 05:30:05 UTC ]
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The Groups Where Thousands of Facebook Users Ask for Money

Peer-to-peer aid groups have become a lifeline for those who can’t cover small expenses. Continue reading at The Atlantic

[ The Atlantic | 2019-06-10 12:36:21 UTC ]
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U.K. Investment Group Acquires Barnes & Noble for $683 Million

It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018.... Continue reading at AdWeek

[ AdWeek | 2019-06-07 20:03:20 UTC ]
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Once a book selling giant, Barnes & Noble sold to hedge fund

The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-07 15:58:20 UTC ]
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PRH Acquires F+W Book Group Assets At Auction

Penguin Random House has posted the winning bid to acquire the book publishing assets of F+W Media. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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A Suggestion for MacKenzie Bezos: Fund Libraries

Two industry veterans would like to see Bezos allocate some of her $35 billion in Amazon stock to expand the universe of readers with a national library endowment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Börsenverein Report: German Book Market Seen to Stabilize and Expand in 2018

In an upbeat report, the German book market is seen as having grown last year for the first time since 2012–by 300,000 buyers–with its financial performance leveling out. The post Börsenverein Report: German Book Market Seen to Stabilize and Expand in 2018 appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-07 03:21:53 UTC ]
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Reports Say B&N Close to Selling to Private Equity Firm

According to a report in the 'Wall Street Journal,' the private equity firm Elliott Management, which bought U.K. bookstore chain Waterstones in April 2018, is close to acquiring Barnes & Noble. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-06 04:00:00 UTC ]
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Canadian Publishing Reacts to New ‘Industry Committee’ Copyright Report

As the Industry Committee report on the Canadian Modernization Act arrives, publishing industry players call for speed, with an election looming. The post Canadian Publishing Reacts to New ‘Industry Committee’ Copyright Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-06 02:34:57 UTC ]
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Former Harper-era minister doubles down on calling MMIWG inquiry report 'propagandist'

A former federal Aboriginal affairs minister under the Stephen Harper government is doubling down on his social media claim that the finding of "genocide" by the National Inquiry into Murdered and Missing Indigenous Women and girls was... Continue reading at CBC

[ CBC | 2019-06-02 21:28:29 UTC ]
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Amazon reportedly mulls buying Boost from T-Mobile, Sprint

Amazon.com Inc. is interested in acquiring prepaid wireless phone service Boost Mobile from T-Mobile US Inc. and Sprint Corp., Reuters reported, citing people familiar with the matter. Amazon is considering buying Boost for an attached wholesale deal that would allow the buyer to use T-Mobile’s... Continue reading at Advertising Age

[ Advertising Age | 2019-05-31 17:33:29 UTC ]
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Mark Zuckerberg’s security chief is accused of misconduct, report says

Facebook Chief Executive Mark Zuckerberg's personal security chief faces accusations of sexual misconduct and making racist and homophobic comments, according to a report Thursday by a business news site. In a detailed article, Business Insider cited legal letters reportedly written by... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-05-31 14:05:00 UTC ]
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Almost half of UK don't know Google is funded by ads

Google and Facebook command more than 60% of online adspend, Ofcom figures show. Continue reading at Media Week

[ Media Week | 2019-05-31 08:06:09 UTC ]
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Book Expo 2019: State of Indie Publishing 'Great, but Sucks'

As Book Expo kicked off Wednesday, Independent Book Publishers Association CEO Angela Bole pointed out during a session on the state of indie publishing that while it presents many opportunities for entrepreneurs, there remain many obstacles to success. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
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Libraries Offer Free—Readable—E-book Version of 'The Mueller Report'

By publishing a real, functional ebook edition of 'The Mueller Report,' the nation's libraries are picking up where the federal government slacked off. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-24 04:00:00 UTC ]
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Far-right Facebook groups 'spreading hate to millions in Europe'

Avaaz uncovers 500 accounts using fake news to spread white supremacy messageA web of far-right Facebook accounts spreading fake news and hate speech to millions of people across Europe has been uncovered by the campaign group Avaaz.Facebook, which is struggling to clean up the platform and... Continue reading at The Guardian

[ The Guardian | 2019-05-22 04:00:20 UTC ]
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Amazon Literary Partnership grant recipients include nine groups in California

The Amazon Literary Partnership announced Monday that it was giving more than $1 million in grants to 66 literary nonprofit groups across the country, including nine in California. Amazon has awarded the grants annually since 2009, with the money going to small publishers, writing centers,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-05-21 17:40:00 UTC ]
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The company behind TikTok is reportedly launching a Spotify rival

ByteDance, the owner of the Vine-like social media app TikTok, might challenge Spotify with a paid streaming service in emerging markets, according to Bloomberg. It could introduce an app (not named after TikTok), in several non-first-world countries... Continue reading at Engadget

[ Engadget | 2019-05-21 11:15:00 UTC ]
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Amazon Literary Partnership Awards $1M in Lit Funding

The Amazon Literary Partnership has awarded $1 million in support to 66 literary nonprofits, in addition to awarding grants of $120,000 each to the Academy of American Poets and to the Community of Literary Presses and Magazines. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-20 04:00:00 UTC ]
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