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NY Focus: How the Hospital Lobby Pummeling Hochul’s Budget Brought in a Billion Dollars
Manage episode 405015098 series 3460692
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While the nonprofit Greater New York Hospital Association lobbied, a lucrative for-profit arm may have run up costs for hospitals.
Two-thirds of New York hospitals and health systems are losing money. To Kenneth Raske, president of the Greater New York Hospital Association, one clear reason is that while drug, supply, and labor costs have climbed, the state government’s hospital spending has not kept pace.
In Raske’s view, Albany should — and can afford to — spend billions more.
NY Focus Reporter spoke Radio Catskill's Jason Dole on the situation.
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