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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Oswald withdraws from T S Eliot prize over hedge fund sponsor

Poet Alice Oswald has withdrawn her book Memorial (Faber) from the T S Eliot prize because of... Continue reading at The Bookseller

[ The Bookseller | 2011-12-06 00:00:00 UTC ]
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Penguin Group buys 45% of Companhia das Letras

The Penguin Group has bought a 45% stake in Brazil's leading trade publisher, Companhia das... Continue reading at The Bookseller

[ The Bookseller | 2011-12-05 00:00:00 UTC ]
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Bertelsmann appoints Rebuck to new group management committee

Random House parent company Bertelsmann has created a new group management committee (GMC), which... Continue reading at The Bookseller

[ The Bookseller | 2011-12-05 00:00:00 UTC ]
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Consumer Reports Bundles iPad Sub with Print Edition

Consumer Reports is joining the ranks of publishers offering iPad subscriptions bundled at no extra cost to its print subscribers, beginning with its January 2012 issue, set to hit newsstands next week. Continue reading at Folio Magazine

[ Folio Magazine | 2011-12-01 00:00:00 UTC ]
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Reports: Publisher, Top Editors Out At Newsweek/Daily Beast

Ray Chelstowski--who joined Newsweek/Daily Beast as publisher in January as part of the new joint management team--is out while executive editor Edward Felsenthal and managing editor Tom Weber have both resigned, according to sources including The New York Times and Continue reading at Folio Magazine

[ Folio Magazine | 2011-11-15 00:00:00 UTC ]
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EUP reports 40% rise in ebook sales

Written By: Lisa Campbell Publication Date: Tue, 01/11/2011 - 09:40 Sales and profit for 2011 have slumped at Edinburgh University Press at the same time the company has reported a 40% rise in year-on-year ebook sales. The Scottish academic publisher has reported an 11.6% fall in sales and... Continue reading at The Bookseller

[ The Bookseller | 2011-11-01 00:00:00 UTC ]
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Quarto reports 'much improved' third quarter trading

Written By: Charlotte Williams Publication Date: Fri, 21/10/2011 - 08:27 International co-edition publisher Quarto has increased its revenue and profit in the first nine months of 2011, with "much improved trading in the third quarter". In its Q3 interim management statement the company,... Continue reading at The Bookseller

[ The Bookseller | 2011-10-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #exceptional items #non-current intangibles #reported sales #laurence orbach #quarto reports


'Well-funded' Literature Prize may run in 2012

Written By: Benedicte Page Publication Date: Wed, 12/10/2011 - 16:06 Publishers, agents, writers, scouts and literary critics are backing the new Literature Prize announced today but all names other than those already released are being kept under wraps, spokesperson Andrew Kidd has told The... Continue reading at The Bookseller

[ The Bookseller | 2011-10-12 00:00:00 UTC ]
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Report: Media M&A Flat Through Third Quarter

A media M&A report for the first three quarters is out from M&A advisory firm the Jordan, Edmiston Group and transaction volume is about equal to the same period 2010, with value up by 10 percent to about $35 billion. Continue reading at Folio Magazine

[ Folio Magazine | 2011-10-05 00:00:00 UTC ]
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State of Maine Sees Highest Tablet Usage for Month of August

Mobile advertising network Jumptap releases a MobileSTAT Report, covering network data for the month of August. Continue reading at Folio Magazine

[ Folio Magazine | 2011-10-05 00:00:00 UTC ]
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Publishing Scotland to launch digital fund for indies

Written By: Charlotte Williams Publication Date: Wed, 05/10/2011 - 15:21 Publishing Scotland has launched a "Go-Digital Fund" to support Scottish-based book publishers develop their digital programmes and bring their books to a new digital audience. read more Continue reading at The Bookseller

[ The Bookseller | 2011-10-05 00:00:00 UTC ]
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London indies fund new bookshop map

Written By: Graeme Neill Publication Date: Wed, 28/09/2011 - 08:47 London's independents have joined forces to publish a map of the city's bookshops. The London Bookshop Map features 87 indies from across the city including ones selling new, antiquarian, specialist and second hand titles. The... Continue reading at The Bookseller

[ The Bookseller | 2011-09-28 00:00:00 UTC ]
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OUP creates group strategy post

Written By: Charlotte Williams Publication Date: Mon, 26/09/2011 - 08:50 Oxford University Press has appointed Casper Grathwohl to the newly-created role of senior vice-president, group strategy. Grathwohl, who is currently vice president of reference and digital publishing within OUP's... Continue reading at The Bookseller

[ The Bookseller | 2011-09-26 00:00:00 UTC ]
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ACE library report "a disappointment"

Written By: Benedicte Page Publication Date: Thu, 22/09/2011 - 08:57 Library campaigners have expressed intense disappointment with the Arts Council (ACE)'s first strategy document on libraries. with one claiming it is not "devised to meet people's needs". read more Continue reading at The Bookseller

[ The Bookseller | 2011-09-22 00:00:00 UTC ]
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John Wiley reports 5% first quarter growth

Written By: Charlotte Williams Publication Date: Thu, 08/09/2011 - 15:50 John Wiley & Sons has reported revenue growth of 5% for its first quarter fiscal year 2012 results, up to $430m (£267.5m) from $408m, on the same period last year. Revenue for its professional and trade division grew... Continue reading at The Bookseller

[ The Bookseller | 2011-09-08 00:00:00 UTC ]
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BPA Report Shows Newsstand Declines

Publication audit agency BPA Worldwide released its U.S. Consumer Trac Data report for the period ending June 30, 2011 on Tuesday—the results show that newsstand sales across different titles throughout the industry are on a decline from the same period a year ago. Continue reading at Folio Magazine

[ Folio Magazine | 2011-08-26 00:00:00 UTC ]
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Hearst Magazines group publishing director returns to IPC Media

Drew Kirkland, group publishing director for weekly women's and TV titles at Hearst Magazines UK, has been appointed publishing director for TV brands at IPC Media. Continue reading at Media Week

[ Media Week | 2011-08-24 00:00:00 UTC ]
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Report: Tablet Sales to Cut Magazine Paper Use 20 Percent by 2015

Even paper-focused companies are predicting a major fall for the printed page in the coming years. Continue reading at Folio Magazine

[ Folio Magazine | 2011-08-22 00:00:00 UTC ]
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Peddle helps fund Vintage internship

Written By: Charlotte Williams Publication Date: Fri, 12/08/2011 - 08:30 Vintage Publishing will host a paid internship, with The Bodley Head editor Kay Peddle donating her £1,000 prize money from this year's Kim Scott Walwyn Prize to help fund the four-week one-off internship. Random House... Continue reading at The Bookseller

[ The Bookseller | 2011-08-12 00:00:00 UTC ]
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Children's Laureate attacks Future Libraries report

Written By: Benedicte Page Publication Date: Fri, 12/08/2011 - 08:40 The recently appointed children's laureate Julia Donaldson has condemned the "Future Libraries" report as a "cost-cutting exercise" containing among its recommendations some likely to lead to a deterioration of the service.... Continue reading at The Bookseller

[ The Bookseller | 2011-08-11 00:00:00 UTC ]
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