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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Activision Blizzard stock down after report of coming layoffs

Shares of video game company Activision Blizzard Inc. slid as much as 6% Monday morning in the first full day of trading since a report said the Santa Monica firm planned to announce layoffs Tuesday. Bloomberg reported Friday evening that the planned cuts come as the company faces slowing sales.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-02-12 00:00:00 UTC ]
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Hachette hails 'very strong' fourth quarter as Lagardère reports 2018 decline

Hachette UK c.e.o. David Shelley hailed a "very strong" fourth quarter for the publisher, as parent company Lagardère reported a revenue drop of 1.2% like-for-like for the full-year 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-02-08 00:00:00 UTC ]
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Facebook finally lets brands and publishers into Groups

Facebook released new features that gives Pages the power to join Groups, which means publishers and brands can officially participate in the group activity that is increasingly becoming a core focus for the company.On Wednesday, Facebook announced a slate of new tools, including the ability for... Continue reading at Advertising Age

[ Advertising Age | 2019-02-08 00:00:00 UTC ]
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With the right funding model, journalism can pay its way | Roy Greenslade

As print titles continue to close, two startups may offer an answer to the news industry’s woeThe question most asked by journalists just now, aside from the routine one about Brexit, is how their trade will be funded in future. Indeed, at local level, there is increasing concern about whether... Continue reading at The Guardian

[ The Guardian | 2019-02-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #merging newsrooms #johnston press #yorkshire post #regional publishers #local level


BuzzFeed, Vice and Group Nine form measurement alliance

BuzzFeed, Group Nine Media and Vice are teaming up to try to solve the nagging puzzle of measurement in digital media.The three digital publishers are working with Tubular Labs, a social analytics firm, to create new standards for measuring digital media on Facebook, YouTube and other sites.... Continue reading at Advertising Age

[ Advertising Age | 2019-01-30 00:00:00 UTC ]
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Facebook paid teens to disclose their online activity in research app, report says

For years, Facebook has been paying some users $20 per month to install a research app on their phones that can collect intimate information about their online behavior and communications, according to a report published Tuesday by TechCrunch. Since 2016, users ages 13 to 35 could exchange their... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-30 00:00:00 UTC ]
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Man Group Pulls Out of Booker Sponsorship

The Booker Prize Foundation said yesterday that it was "confident" of finding a new sponsor following the decision of the hedge fund company the Man Group to end its association with the Booker Prize and the Booker International Prize. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-28 00:00:00 UTC ]
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Man Group ends Booker Prize sponsorship

Man Group, which has sponsored the Booker Prize since 2002 - as well as sponsoring its International Prize from its beginning in 2005 - is to end its association with the prizes at the end of 2019. The Booker Prize Foundation said its trustees were "in discussion with a new sponsor and are... Continue reading at The Bookseller

[ The Bookseller | 2019-01-28 00:00:00 UTC ]
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Scholastic’s New ‘Kids & Family Reading’ Report: Reading Aloud Is Up

Scholastic's biennial Kids & Family Reading Report finds American families are reading books aloud to their children more often. The post Scholastic’s New ‘Kids & Family Reading’ Report: Reading Aloud Is Up appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-28 00:00:00 UTC ]
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Booker prize trustees search for new sponsor after Man Group exit

Hedge fund firm says it plans to focus its resources instead on its diversity campaignThe Man Booker prize is searching for a new sponsor after the hedge fund company Man Group announced it was ending its 18-year relationship with Britain’s most prestigious literary award.The Booker Prize... Continue reading at The Guardian

[ The Guardian | 2019-01-27 00:00:00 UTC ]
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Trump’s Social Media Photos Reportedly Altered to Make Him Look Thinner and His Hands Bigger

President Donald Trump purports to hate “fake news” but he seems to have no problem with fake photos. At least that’s what Gizmodo discovered when it started carefully looking at the images on Trump’s official Facebook and Instagram accounts and discovered photos of the president that make him... Continue reading at Slate

[ Slate | 2019-01-22 00:00:00 UTC ]
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Gov. Gavin Newsom's Facebook ads in swing states stir 2020 speculation

Political ads featuring California Gov. Gavin Newsom are popping up on Facebook in Ohio, Florida and other swing states in the 2020 presidential election, stirring speculation about whether the Democrat is testing the waters for a potential White House run. Newsom, who was sworn into office less... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-20 00:00:00 UTC ]
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Pearson expects to report revenue dip, but profit growth, for 2018

Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update that it expects to have halved net debt in 2018 and will deliver underlying profit growth of 8% at £540-£545m. Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
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American Market StatShot Report: Double-Digit Trade Growth in November

Hardback books benefitted the most from the uptick in trade book revenue, with 28.5-percent growth compared to November 2017. The post American Market StatShot Report: Double-Digit Trade Growth in November appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-16 00:00:00 UTC ]
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Walker Books Group announces new Kate DiCamillo novel

Walker Books Group will publish a new novel by Kate DiCamillo in the UK, the US and Australia. Continue reading at The Bookseller

[ The Bookseller | 2019-01-15 00:00:00 UTC ]
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Facebook is funding more programs catering to local news publishers

Facebook announced over $30 million in grants to organizations trying to help local news publishers. The post Facebook is funding more programs catering to local news publishers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-01-15 00:00:00 UTC ]
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UK Publishers’ 2018 Diversity Report: ‘More Needs To Be Done’

The Publishers Association's second annual diversity survey found that racial and ethnic criteria were where progress is slowest in the UK industry. The post UK Publishers’ 2018 Diversity Report: ‘More Needs To Be Done’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #uk industry #publishers association #uk publishers


Cath Burke steps up as deputy m.d. for Little, Brown Book Group

Cath Burke, Sphere Fiction publisher and executive director of Little, Brown’s rights and audio teams, has been promoted to deputy managing director of Little, Brown Book Group. Continue reading at The Bookseller

[ The Bookseller | 2019-01-11 00:00:00 UTC ]
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Book Aid International 2018 Reports Biggest Year Yet, in Africa and Middle East

The educational charity Book Aid International cites 25 countries as destinations of its books donated by publishers last year. The post Book Aid International 2018 Reports Biggest Year Yet, in Africa and Middle East appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-10 00:00:00 UTC ]
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Vogue publisher Condé Nast reports annual loss of £14m

The 2017 figure is huge swing from £6.6m profit of previous year as publisher invests in digital growthCondé Nast, the owner of glossy magazines including Vogue, Vanity Fair and GQ, has slumped to a £14m annual loss as it battles to reshape its business for the digital future.The high-end... Continue reading at The Guardian

[ The Guardian | 2019-01-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #pre-tax loss #digital future #vanity fair