The state Department of Health’s Public Health and Health Planning Council on Thursday gave contingent approval for Long Island Community Hospital’s merger with NYU Langone Health, reports Modern Healthcare. The East Patchogue, Suffolk County, hospital became affiliated with NYU Langone in July. In the initial phase of the merger, NYU Langone Health will be an active parent and co-operator of the Long Island hospital after satisfying certain contingencies. After that, a full asset merger will occur no more than three years later, with NYU Langone being the surviving corporation. Read more.
Related Posts
Senate Scrutinizes MA Payment Denials, Including Use of Algorithms
Lawmakers in a Wednesday hearing argued something must be done to pare back burdensome prior authorization requirements allowing payers to delay or deny medical care that would be covered under traditional Medicare — including the use of artificial intelligence — as insurer profits continue to rise.
May 18, 2023
Upstate University Hospital Insurance Dispute Could Disrupt Care for 20,000 Patients in Syracuse
UnitedHealthcare said Upstate is seeking a significant price increase that would make it one of the most expensive hospitals in the state for the insurer’s Medicare Advantage plan.
November 4, 2022
Current Prior Authorization Practices are Adding to Burnout, Surgeon General Says
CMS estimates that efficiencies introduced through the new rule would save practices and hospitals over $15 billion over a 10-year period.
January 18, 2023
Debt Ceiling Bill Takes Bite Out of Federal Health Programs, But Could Have Been Much Worse
The deal spares health programs like Medicaid from the deep cuts approved in April by the Republican-led House.
June 2, 2023