More than a dozen unions in New York City have joined together to demand a "fair contract" between Empire Blue Cross and Blue Shield and New York-Presbyterian that lowers prices at "the city's most expensive hospital system," read a full-page ad in Monday's New York Times.
As the Brooklyn Hospital Center enters the next phase of its $1 billion modernization project, it has laid out some key criteria in seeking a development partner, including a commitment to working with minority- and woman-owned enterprises.
New York City startups raised $10.2 billion in venture-capital investment during the first three months of the year, the largest total for any single quarter on record. The top deals focused on the healthcare industry and e-commerce—unsurprising during a pandemic.
Health centers and insurers were among opponents that celebrated the delay, saying it provided them more time to push for a complete repeal. Opponents say the carve-out would disproportionately affect safety-net providers participating in a 340B program.
Artificial intelligence, machine learning and cloud computing are a few of the cutting-edge technologies making the rounds in healthcare. But even with those in its arsenal, IBM's Watson Health—the Westchester-based tech giant's cloud-powered health solutions arm—has not been able to turn a profit.
Investment reached a high mark between October and the end of the year, with just more than $1 billion spent in three months, according to a recent report from the New York City Health Business Leaders, a trade group focused on healthcare and technology.