New York Gov. George Pataki last week announced the release of $250 million in federal aid for New York hospitals.
The money is part of a five-year, $1.25 billion package secured as part of state negotiations for a federal waiver from Medicaid managed-care regulations.
Ninety-one hospitals are eligible for funding, which may be used to retain workers, increase primary-care services or improve managed-care networks.
In other news, the financial performance of New York City-area hospitals "deteriorated significantly" between 1997 and 1998, according to a study by the Greater New York Hospital Association.
The aggregate operating margin of the 34 hospitals in the study declined to -0.4% in 1998 from -0.1% in 1997-a loss of $34 million.