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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.