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The city’s biggest health care stories of 2023

WEBAmanda Glodowski. This year was a tumultuous one for New York’s health care industry. Here are some of the major stories that unfolded in the sector during …

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URL: https://www.crainsnewyork.com/health-pulse/citys-biggest-health-care-stories-2023

New York’s digital health funding shows signs of an upswing

WEBAfter a years-long fundraising dry spell, New York’s digital health firms may be starting to see the light at the end of the tunnel, a new report shows. Twenty-nine …

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Northwell debuts gene therapy with $2.8M price tag for patients

WEBNew York health giant Northwell Health has started to offer a promising new gene therapy that could provide a path to a cure for patients with a rare blood disorder. …

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The biggest health care takeaways from FY25 budget day

WEBThe city’s preliminary budget for fiscal 2025 is $109 billion, and just over $2 billion is dedicated to the city Department of Health and Mental Hygiene while $3 billion …

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New York outperforms most states in health equity, but gaps …

WEBNew York fares better than other states when it comes to addressing racial disparities in health care, but large gaps still exist within minority groups, according to a …

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Three NYC hospitals ranked in U.S. News' top 20

WEBNYU Langone, New York-Presbyterian at Columbia and Cornell, and Mount Sinai hospitals ranked in the top 20 in the country for 2022-23, according to a U.S. News …

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25% of adolescent New Yorkers experienced a mental health issue …

WEBAbout 25% of adolescents in New York experienced a behavioral health issue in 2022, according to the latest report from Midtown-based nonprofit United Hospital …

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Therapist marketplace Alma sees explosive growth after pandemic …

WEBWithin months, Ritter said, two insights revived the business and propelled the next stage of Alma’s growth—to the point where today it has 11,000 mental health …

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Q&A: Northwell adds to climbing cardiac care investment with …

WEBCardiac care represents a burgeoning investment opportunity for local health systems, with the number of Americans diagnosed with heart failure set to rise by 46% …

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'Stunningly opaque' potential merger of two of NY's largest …

WEBA quiet acquisition deal between two of New York’s largest Medicaid contractors, which together manage home care services for 110,000 people, has …

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Mount Sinai Hospital files plans for a $17M upgrade to cancer …

WEBMount Sinai Hospital is planning a $17 million upgrade to cancer services in an attempt to improve access to efficient and effective oncology treatment, a state filing …

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Hochul’s State of the State focuses on expanding mental health

WEBThe city recorded more than 5,500 people with newly-reported chronic hepatitis B in 2022, according to a new report from the city Department of Health and …

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New York City to open 16 school-based mental health clinics to …

WEBNew York City will open 16 new school-based mental health clinics in Central Brooklyn and the Bronx, part of its efforts to increase the availability of mental health …

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Nine New York hospitals snag a spot on Healthgrades’ 2024 best

WEBPlus: Insurers call on state legislators to reject some health plan proposals in executive budget, fearing care disruptionFamilies missing expanded child tax credit …

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SUNY Downstate University Hospital closure on hold for a year

WEBThe hospital runs a deficit of roughly $100 million a year. The deal comes after lawmakers maneuvered to stall a closure during final budget negotiations. Hochul …

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Lawmakers call for greater funding to safety net hospitals in …

WEBRyan Health’s Emotional Wellness Center reopened its doors Monday after receiving $2 million in federal funding to expand mental health and other services, the …

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Q&A: MetroPlusHealth executive on how to broaden insurance …

WEBGov. Kathy Hochul’s executive budget includes several insurance proposals designed to increase New Yorkers’ access to health care. But Erin Drinkwater, the chief …

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Experts applaud city’s $18M commitment to relieve medical debt …

WEBMayor Eric Adams called the city’s $18 million investment to relieve $2 billion in medical debt for New Yorkers, announced Monday, “the largest municipal initiative of …

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UnitedHealth beats profit estimates despite hack impact

WEBAdjusted earnings of $6.91 a share exceeded analysts’ average estimate of $6.59 a share, the health-care giant said in a statement Tuesday. UnitedHealth affirmed …

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Health startup raises $60M to automate clinical intakes through AI

WEBHealth care startup Fabric raised $60 million in a series A funding round Wednesday to expand its AI software, which aims to automate clinical and …

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Court orders Cold Spring Hills nursing home to pay delinquent …

WEBA Nassau County judge ruled that Cold Spring Hills Center for Nursing and Rehabilitation, a 588-bed facility in Woodbury, is required to pay $2.7 million to cover its …

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Robert Wood Johnson University Hospital Rahway

WEB1- Member of RWJBarnabas Health. 2- Compensation included $150,536 in vested contributions to a 457(F) plan. 3- Compensation included $44,940 in vested …

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MINORITY FIRMS;LARGEST BLACK- AND HISPANIC-OWNED …

WEB1995 1994 Chief executive/ revenues revenues Number of YearRank Company Phone Nature of business (in millions) (in millions) employees Ownership …

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NYC Deals of the Day: April 19, 2024 Crain's New York Business

WEBInvestment manager takes space in RXR building. Address: 340 Madison Ave., Manhattan. Landlord: RXR. Tenant: Yaupon Capital Management. Lease size: 6,917 …

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First contracts approved for long-awaited Hudson River rail tunnel

WEBThe board of the Gateway Development Commission on Monday approved $47.3 million in contracts—the project’s first—to move utilities and reroute a road over …

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