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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Pearson reports £2.6bn loss for the year

Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #underlying growth #trade publisher #47% stake #sharp rise #profit warning #education market


Connect Group sells Education and Care division

Connect Books’ parent company has sold off one of its businesses for a value of £64.4m. Continue reading at The Bookseller

[ The Bookseller | 2017-02-08 00:00:00 UTC ]
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Orion unveils restructured group marketing team

Orion Publishing Group has restructured its group marketing team, hiring several new people as part of a drive to deliver "more integrated" support for its individual imprints and authors.  Continue reading at The Bookseller

[ The Bookseller | 2017-02-03 00:00:00 UTC ]
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Scholastic’s Kids & Family Reading Report: Insights From the US, UK, India and Australia

With new attention to diversity issues, Scholastic's sixth biennial survey adds an Australian edition, and looks extensively on reading aloud at home. The post Scholastic’s Kids & Family Reading Report: Insights From the US, UK, India and Australia appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-02-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #reading aloud #diversity issues #australia appeared #post scholastic


Spear Point Invests $1 Million into Salon Media Group

Four board members step down as TheStreet.com investor gains a 29 percent stake in the digital magazine. The post Spear Point Invests $1 Million into Salon Media Group appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-02-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital magazine


Canadian Trade Groups Merge

Canadian Publishers' Council, which represents the interests of Canada's largest trade, education and professional publishers, has finalized its merger with the Canadian Education Research Council. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #professional publishers #largest trade #canadian publishers


Amazon to fund legal challenge to Trump travel ban

Amazon is funding a legal challenge against US president Donald Trump's controversial "travel ban" on behalf of its employees in the US and around the world who could be affected. Continue reading at The Bookseller

[ The Bookseller | 2017-02-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #travel ban #legal challenge


Fresh fears for libraries as councils face £5.8bn funding gap

Fresh fears for the future of libraries have emerged with the revelation that local councils are facing a £5.8bn spending gap by 2020. Continue reading at The Bookseller

[ The Bookseller | 2017-02-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #local councils


Status report: How European countries are fighting fake news

The fake-news firehose is still flowing. A turbulent political climate in Europe with multiple elections running across countries means publishers, governments and trade bodies are collaborating to try and fight fake news. MPs in the U.K. have launched an investigation this week. In France,... Continue reading at Digiday

[ Digiday | 2017-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #trade bodies #european countries


Apple joins Amazon, Google and Facebook in AI research group

Apple published its first paper on AI last month and now the company is set to join five others in a newly-formed research group. The Partnership on AI announced today that Apple would become its sixth founding member, adding to a lineup that already... Continue reading at Engadget

[ Engadget | 2017-01-27 00:00:00 UTC ]
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Updated: AAM Tweaks Digital Issue Reporting Guidelines

Beginning this summer, magazines must be able to demonstrate "unique opens" of sponsored digital subscriptions and single-copy sales, not just deliveries. The post Updated: AAM Tweaks Digital Issue Reporting Guidelines appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #single-copy sales


Amazon reportedly to drop MFN clauses from ebook deals

Amazon has offered to drop the Most Favoured Nation clauses from its ebook contracts, following a European Commission investigation into the online retailer’s deals, it has been reported today.  Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #online retailer #ebook contracts #ebook deals


Childwise report says print reading declines in teen years

Children aged 9-16 spend as much time reading online as reading print materials, although the number of young people reading books, comics and magazines drops in the teenage years, according to a new report. Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #teenage years #teen years


Industry Changes: Nielsen Book’s US Services Sold to NPD Group

Offering employment to existing US Nielsen Book employees, the Nielsen Book practice becomes NPD Book in the new acquisition. The post Industry Changes: Nielsen Book’s US Services Sold to NPD Group appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #npd book #npd group #nielsen book


Reported Trump Spending Cuts Would Kill NEH, NEA

In an effort to shrink federal bureaucracy by cutting spending, President-elect Donald Trump and his administration reportedly intend to eliminate the National Endowments for the Humanities and the Arts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #national endowments


Nielsen Book Releases New UK and US Metadata Reports

Charting the importance of proper and timely metadata, Nielsen Book's twin studies from the US and UK markets may be motivational updates for publishers. The post Nielsen Book Releases New UK and US Metadata Reports appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #nielsen book


Five Welsh publishers receive £250k funding

Five Welsh publishing companies have received a grant of £250,000 from the Welsh Books Council. Continue reading at The Bookseller

[ The Bookseller | 2017-01-17 00:00:00 UTC ]
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Particular Books to publish crowd-funded feminist storybook

Particular Books, an imprint of Penguin Press, is publishing a crowd-funded feminist storybook, Goodnight Stories for Rebel Girls, comprising 100 tales of "extraordinary women" from around the globe, including Michelle Obama and Jane Austen. Continue reading at The Bookseller

[ The Bookseller | 2017-01-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #jane austen #rebel girls #penguin press


Waddington made PRH group sales director as Symons resigns

Rob Waddington has been appointed group sales director for Penguin Random House UK following the resignation of Mike Symons from the role. Continue reading at The Bookseller

[ The Bookseller | 2017-01-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #mike symons


Cengage EMEA reports 2016 results

Results filed at Companies House show that turnover at the Cengage Learning EMEA business for the year to end March 2016 rose 1.7% to £49m, up from £48.2m the previous year. However profit dropped from £4.2m to £3.8m. Continue reading at The Bookseller

[ The Bookseller | 2017-01-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #results filed