Cuomo Asks Feds To Help Fund Ailing NYC Hospitals

Law360, New York (January 21, 2014, 6:34 PM EST) -- Strapped Brooklyn hospitals, including bankrupt Interfaith Medical Center and the insolvent, state-run Long Island College Hospital, face a funding crisis "beyond the scope" of New York's budgetary abilities, Gov. Andrew Cuomo said Tuesday, pressing for faster action on as much as $10 billion in federal help.

The governor's call for help, in the form of an infusion from Medicaid, came as he unveiled a proposed, $137 billion spending blueprint for the state, which is crawling out from years of deficits and pondering how to allocate a...
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