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NY Gov. Kathy Hochul’s alleged hospital hoodwink in Nassau County

by Index Investing News
December 19, 2024
in Opinion
Reading Time: 2 mins read
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Gov. Hochul boasts about her social-justice file however she is presiding over the alleged rip-off of a safety-net hospital in Nassau County that serves the poorest of the poor.

The Nassau College Medical Middle is suing New York for $1.06 billion it claims the state has defrauded from its coffers over the previous 20 years.

As the one public hospital within the county, 80% of its 275,000 sufferers are low revenue, uninsured, in addition to on Medicare and Medicaid.

It features a nursing house and jail infirmary, Lengthy Island’s solely burn unit and its largest inpatient psychiatric remedy heart.

Regardless of its important function, NUMC was a monetary basket case dropping $180 million a 12 months when Republican Bruce Blakeman was elected as county govt two years in the past and requested rich businessman Matthew Bruderman to avoid wasting the hospital as its professional bono chairman.

“It was a dumpster hearth,” says Bruderman. Thousands and thousands of {dollars} have been wasted on embezzlement and patronage jobs.

Bruderman managed to steadiness the books, lengthen clinic hours to nights and weekends, and appoint a reliable CEO, in a turnaround mannequin that could possibly be replicated throughout the nation.

However the surprising discovery when he audited the funds was that New York, by a sleight of hand, has not been matching federal funds for Medicaid expenditures as required by legislation.

Paperwork seen by The Put up reveal a $50 million shortfall in 2024 alone. The hospital alleges that it has been ripped off yearly since 2006.

Hochul has to make the hospital entire — or be uncovered as a hypocrite.



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