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Today's Lead: State Gets $8 Billion Boost For Healthcare


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After 19 months of haggling, the Obama administration informally agreed yesterday to allow New York to reinvest $8 billion in Medicaid savings back into the state's health care system. The money will go towards revamping or replacing financially ailing hospitals and modernizing an outdated healthcare system. Gov. Andrew Cuomo had requested $10 billion. Waivers on Medicaid payments had been approved for other states months ago. The funds will be released to New York over five years and come on the condition that inpatient hospital beds be reduced by 25 percent. Although it will be a boost to struggling hospitals, particularly in Brooklyn, failing institutions will not be bailed out unless they are restructured. Long Island College Hospital may not be eligible for funds from the waiver, because it doesn't have a credible plan to reduce admissions. Mayor Bill de Blasio signaled possible support for turning LIHC into a combination of a free-standing emergency room, clinic, and affordable housing.

Other Stories We're Following

Mayor Criticized For Keeping Schools Open (NY Times)

De Blasio Defends Call To Police On Behalf Of Ally (Wall Street Journal)

Region Slammed By Storm (Wall Street Journal)

Another Round Of Snow To Hit City (NY Post)

Winter Weather Takes Toll On Budget, Roads (Crain's)

Upstate Politicians Reject de Blasio Pre-K Tax Plan (NY Post)

Homeless Hope For Better Days With New Mayor (WNYC)

City Airports Worst For Delays (NY Post)

Foreclosure Auctions On The Rise (Crain's)

Taxi Deal Awaits de Blasio Appointment (Capital)

A Highline For Queens? (Daily News)



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