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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California State University opts for $49 ebook over expensive biology textbook

By Tim Conneally, Betanews Nature Publishing Group and California State University (CSU) on Tuesday announced a three-year partnership that will eliminate paper textbooks from certain classes, and replace them with interactive ebooks instead. Continue reading at Betanews

[ Betanews | 2011-05-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #interactive ebooks #three-year partnership #tim conneally


Koenig & Bauer AG Reports Strong First Quarter

German press manufacturer Koenig & Bauer AG (KBA) made a much better start to the business year than in 2010. International sales of printing presses were moderately higher than last year, primarily driven by demand from China. Continue reading at Editor & Publisher

[ Editor & Publisher | 2011-05-23 00:00:00 UTC ]
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Internet companies must fund creativity, claims French minister

Written By: Barbara Casassus Publication Date: Mon, 23/05/2011 - 15:35 French culture minister Frédéric Mitterrand has said internet companies must contribute more to financing creativity. Setting the tone for the e-G8 forum, to be held in Paris May 24-25, he said in an interview with the... Continue reading at The Bookseller

[ The Bookseller | 2011-05-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #internet giants #saturday edition #internet companies


Report: 40 Percent of App Users Opt To Share Data With Publishers

Apple's attempts at limiting publisher requests for consumer data and the conversion of first-time downloads into regular users have been two of the larger stumbling blocks for magazine publishers building a business around apps. A new report from digital publishing vendor Yudu Media suggests... Continue reading at Folio Magazine

[ Folio Magazine | 2011-05-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #regular users #consumer data #share data


Conde Nast Reportedly Plans iPad Magazine Subscriptions

The New Yorker is expected to be the first in-app publication to be offered as more than a single issue sale. Continue reading at PC World

[ PC World | 2011-05-09 00:00:00 UTC ]
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News Corp. Reports Disappointing Quarterly Numbers

News Corp. released its earnings report for the quarter that ended in March, and the results are a little disappointing. The company reported a decline in its operating income, which was down to about $1 billion, compared to $1.25 billion over the same period last year. The drop-off appears to... Continue reading at AdWeek

[ AdWeek | 2011-05-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #litigation expenses #operating income #earnings report


Starling to join Octopus Publishing Group

Publication Date: Wed, 04/05/2011 - 09:00 Alison Starling is to join Octopus Publishing Group as publisher. Starling was publishing director at Ryland, Peters & Small for 12 years, commissioning titles such as The Hummingbird Bakery Cookbook. She joins OPG on 9th May and will commission... Continue reading at The Bookseller

[ The Bookseller | 2011-05-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #great addition #denise bates #mitchell beazley


Report: Variety on Block; Publisher says “Nonsense”

Variety was one of just four magazines kept by Reed Elsevier after it sold off more than 60 different properties over the last three years. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-29 00:00:00 UTC ]
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iPad users may not become book readers, report finds

Written By: Charlotte Williams Publication Date: Thu, 28/04/2011 - 08:00 A large proportion of iPad owners in the US have not used the device to read an ebook, a survey from media and publishing forecast firm Simba Information reveals. A report on the firm's "Trade E-Book Publishing 2011"... Continue reading at The Bookseller

[ The Bookseller | 2011-04-28 00:00:00 UTC ]
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McGraw-Hill Reports Double-Digit Growth in First Quarter

McGraw-Hill says revenue grew 7.7 percent to $1. 3 billion while net income jumped 16.2 percent to $120 million in the first quarter of 2011. Revenue in McGraw-Hill's Information & Media segment rose 10.3 percent to $227.5 million while operating profit grew 34.5 percent to $37.4 million. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-26 00:00:00 UTC ]
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The New York State of Bookselling

Independent booksellers may have dreaded Borders's arrival in New York City in 1996, but it was Barnes & Noble that tried to keep its longtime rival out by leasing every available 40,000-sq.-ft. space on its home turf. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-04-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #home turf #longtime rival #barnes noble #independent booksellers #york state


Report: Media M&A in Q1 2011 Surpasses All Individual Quarters in 2010

After a disappointing fourth quarter of 2010 (with $2.4 billion in transaction value) in the media industry, investment bank Berkery Noyes reports an upswing for first quarter 2011, to the tune of $13.8 billion in transactions. Berkery Noyes identified the largest transaction in the first... Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-20 00:00:00 UTC ]
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Editis sells Groupe De Boeck

Written By: Barbara Casassus Publication Date: Wed, 20/04/2011 - 09:22 Editis has sold its Brussels-based educational, scientific and academic publishing subsidiary Groupe De Boeck to Ergon Capital Partners III SA for an undisclosed sum. The sale will enable France’s second largest publisher... Continue reading at The Bookseller

[ The Bookseller | 2011-04-20 00:00:00 UTC ]
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Report: Apple Beats Out Android Platform Use by 59 Percent

In a study based on data from comScore MobiLens service, results showed that there are 37.9 million Apple iOS users; a number 59 percent greater than Android users, who totaled 23.8 million. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-19 00:00:00 UTC ]
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United Business Media Reports 7.5 Percent Underlying Revenue Growth in Q1 2011

United Business Media (UBM) shared its first quarter report today, with a 13.7 percent increase in total revenue, rising from 2010 first quarter’s $338.74 million to first quarter 2011’s $385.07 million. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-19 00:00:00 UTC ]
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IAB Reports 2010 Internet Ad Revenues Up Almost 15 Percent

The Interactive Advertising Bureau (IAB) shared in its 2010 full year report that annual Internet advertising revenues increased by 14.9 percent from 2009 to 2010, rising from $22.66 million in 2009 to $26.04 billion in 2010. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-14 00:00:00 UTC ]
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The Bookseller Group to launch We Love This Book

Written By: Bookseller Staff Publication Date: Mon, 11/04/2011 - 09:06 The publisher behind The Bookseller is launching an ambitious new quarterly consumer book magazine and website this June, We Love This Book. read more Continue reading at The Bookseller

[ The Bookseller | 2011-04-11 00:00:00 UTC ]
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A Young (and Very Ambitious) Group of Publishers

The current crop of Russian publishers is collectively on the young side, many of them born shortly before the dissolution of the Soviet Union in 1991. Then, teething problems were many and the growth path rocky at times. But today these publishers produce nearly 120,000 new titles per year,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #global ranking #soviet union #born shortly #publishers produce #russian publishers #young side


Blackwell Group halves losses within a year

Written By: Lisa Campbell Publication Date: Thu, 31/03/2011 - 09:14 Blackwell UK hopes to become profitable in two years, after nearly halving its operating losses to £5.6m. The academic bookseller’s year-end results to 26th June 2010 show the company has narrowed its operating losses from... Continue reading at The Bookseller

[ The Bookseller | 2011-03-31 00:00:00 UTC ]
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ACE literature funding to rise 9.9%

Written By: Charlotte Williams Publication Date: Thu, 31/03/2011 - 09:10 Arts Council England (ACE) portfolio funding for literature organisations will rise 9.9% in real terms compared to the previous funding period, the government claims, as ACE revealed its new national portfolio of arts... Continue reading at The Bookseller

[ The Bookseller | 2011-03-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #national portfolio #ace revealed #government claims #literature organisations