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OP-ED: The hidden costs of healthcare at New York-Presbyterian

As a labor union lawyer and general counsel to the Center for the Independence of the Disabled, NY, representing thousands of hardworking New Yorkers, abled and disabled, I stand alongside many others who are deeply concerned about the state of healthcare in our city. 

The rising cost of living squeezes families, yet one of the biggest drivers of this crisis is not often talked about: sky-high healthcare costs, particularly at institutions like New York-Presbyterian Hospital. This hospital, which operates under a “not-for-profit” status, has become the most expensive health system in New York while maintaining double-digit profit margins but deteriorating service. This situation is not just unsustainable; it’s unconscionable.

Americans already spend more on healthcare than people in other developed countries, but New Yorkers pay even more. According to the nonprofit Health Care Cost Institute, per-person spending on healthcare services in New York was 20% above the national median in 2020. This is a staggering figure, and it’s no coincidence that New York-Presbyterian is at the center of it. A 2022 report by the 32BJ Health Fund found that hospital charges were the leading driver of soaring health costs for its members, with New York-Presbyterian charging, on average, 358% more than Medicare rates for equivalent services.

All of us—political leaders, unions, and civil rights organizations—have a responsibility to advocate for better pricing transparency, lower patient-to-professional ratios, fair healthcare charges, less crowded emergency rooms, shorter waits for admission in those emergency rooms, and more equitable redistribution of profits to benefit the community, perhaps even aid to failing institutions like Beth Israel and St. Luke’s Hospitals. If we fail to act, we risk undermining our core mission of what is supposed to be the goal of our regulated healthcare system: the highest-quality healthcare at an affordable price.

Let’s be clear: New York-Presbyterian’s profit margins are not just healthy—they’re astronomical. In 2021, the hospital reported the largest profit windfall ever for a New York hospital, totaling roughly $1.5 billion with an operating profit margin of 17.4%, which is 65% higher than the national average. This trend has continued into 2024, with the hospital reporting an operating income of $112.5 million in the first quarter alone, a significant increase from the previous year.

It is even more troubling that New York-Presbyterian reaps huge tax benefits due to its nonprofit status. It received more than $415 million in tax breaks in 2021, yet allocated a mere 1.7% of its revenues to charity care and spent only $142 million on community benefits—a roughly $247 million gap. This raises serious questions about the hospital’s commitment to the community it serves rather than to its executives and their seven-figure salaries.

Moreover, the exorbitant charges at New York-Presbyterian cannot be justified by quality. While the hospital claims to be a premium provider, publicly available data paints a different picture. Their flagship hospital on the Upper East Side earned a “C” grade for quality, with patients at higher-than-average risk of having dangerous objects left in their bodies after surgery, experiencing serious breathing problems during surgery, or even just developing bed sores from lack of basic attention. (My own 102-year-old mother experienced this poor treatment, topped off by having an ambulance drop her off in her unattended apartment rather than the rehab nursing home they were supposed to take her to.) This, coupled with concerns about staffing levels and working conditions flagged by unions led by the New York State Nurses Association (NYSNA), should alarm everyone.

As healthcare costs continue to rise, the burden falls squarely on the shoulders of New York’s workers and consumers, exacerbating the cost-of-living crisis in our city. Half of working-age households in New York City do not make enough money to cover basic needs, yet they are being asked to shoulder the financial burden of a hospital system that prioritizes profits and high executive salaries over people.

It’s time for our elected leaders to demand accountability from New York-Presbyterian and respond to the rising demands of unions and the affected communities. We need transparency, fair pricing, and a commitment to reinvest profits into the community, not corporate coffers and executive pockets. Only then can we ensure that healthcare in New York is accessible, affordable, and of the highest quality for all.
Arthur Schwartz is the general counsel of the Center for the Independence of the Disabled, NY, and counsel to numerous unions, including Transport Workers Union Local 100 and the Amazon Labor Union.

The post OP-ED: The hidden costs of healthcare at New York-Presbyterian appeared first on New York Amsterdam News.

* This article was originally published here

Sponsored Love: What Makes Diamonds At Rare Carat Stand Out?

The #1 source in the world for all things Harlem.

With regards to looking for precious Diamond , finding an earnest stock that gives astonishing, straightforwardness and super help is essential. Rare Carat  stands pleased inside the Diamond  business association, providing an advanced stage for clients to purchase precious Diamond  with self assurance. Buy a big lab diamond engagement ring their assurance to instructing clients…

The post Sponsored Love: What Makes Diamonds At Rare Carat Stand Out? appeared first on Harlem World Magazine.

* This article was originally published here

First Statewide Medical Cannabis Symposium In Buffalo Unites Research Experts

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Earlier this month, the New York State Office of Cannabis Management and Roswell Park Comprehensive Cancer Center co-hosted the inaugural NYS Medical Cannabis Symposium on Friday, September 20th, 2024. The event was a successful effort to bring together healthcare practitioners, researchers, and trainees to explore the science of cannabis and its role in patient care.…

The post First Statewide Medical Cannabis Symposium In Buffalo Unites Research Experts appeared first on Harlem World Magazine.

* This article was originally published here

Make Your Own Dirty Soda Like ‘The Secret Lives Of Mormon Wives’ At This NYC Swig Alternative

Dreaming of Swig ever since you binged The Secret Lives of Mormon Wives? Luckily for us, NYC’s first-ever ‘dirty soda’ shop has two locations to give you your fix: South Street Seaport & Rockefeller Center. Known as Cool Sips, this new hot-spot with a beachy twist offers hundreds of ways to customize your soda, however you like it!

So what is dirty soda and where did it come from? Dirty soda is essentially fountain soda, mixed with syrups, cream, and other candies. Hailing from Utah in the 2010s, these dirty drinks were at first most commonly consumed by faith-based communities that practice sobriety.

However, Hulu’s hit show The Secret Lives of Mormon Wives has brought the dirty soda industry on the map, making viewers, religious affiliated or not, crave those 44-oz doctored up sodas.

Two drinks being held up in front of Cool Sips Seaport
Ludlow Creative

Cool Sips offers a “create your own sip” option, with customizations beyond your wildest imaginations. With 16 syrups ranging from toffee to coconut (and yes, they can all be made sugar free—just how the Mormon wives get them), three cream options and what Cool Sips deems “fun stuff” to add like boba pearls and jelly candies, there’s no limitations on what you can dream up. Not to mention, your liquid doesn’t have to be soda. Cool Sips also offers the choice of tea & ade, Gatorde, an energy drink, or cold brew coffee.

But if you’re overwhelmed and spoiled for choice you can stick to one of their Signature Sips:

  • Dirty Dirty: Dr. Pepper, Coconut, Lime, Half & Half
  • P-Town: Starry, Blue Raspberry, Watermelon
  • Fulong: Sweet Tea, Sweet Cream, Brown Sugar Boba
  • Dewey: Lemonade, Mango, Pineapple, Mango Jellies
  • Pines: Club Soda, Peach, Kiwi Boba
Cool Sips
Ludlow Creative

Cool Sips even has a special fall menu:

  • Nags Head: Root beer, toasted marshmallow, brown sugar boba
  • Cape May: Starry, green apple, sweet cream
  • Goose Rocks: Unsweetened black tea, pumpkin pie, vanilla cream
  • Ditch Plains: Sweet tea, apple, pomegranate, sweet cream

P.S. if you haven’t caught on yet, each drink is named after a beach town to go along with the theme. Cool Sips intends to keep the nostalgia of warm summer nights and surf culture all year round. Find the full menu on the Cool Sips website.

Fluffy Cool Sips
Ludlow Creative

And just in case you wanted to try, we’ve listed The Secret Lives of Mormon Wives‘ soda orders:

  • 🥤 Mayci: Dr. Pepper, raspberry puree, coconut syrup, vanilla syrup, cream
  • 🥤 Jessi: Dr. Pepper, vanilla syrup, coconut creme
  • 🥤 Layla: Mountain Dew, strawberry puree/syrup, mango syrup, coconut creme
  • 🥤 Demi: Sparkling water, SF coconut syrup, SF vanilla syrup, SF raspberry syrup, SF pineapple syrup, coconut creme

📍 Rockefeller Center: 30 Rockefeller Plaza, Rink Level (11am – 7pm) or South Street Seaport: 84 South Street, Pier 16 (Sun – Weds: 10:30 am to 7 pm
Thu – Sat: 10:30 am to 8 pm)

The post Make Your Own Dirty Soda Like ‘The Secret Lives Of Mormon Wives’ At This NYC Swig Alternative appeared first on Secret NYC.

* This article was originally published here

MTA Pledges $7.5 Billion To Underutilized Businesses In Capital Plan (Video)

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The Metropolitan Transportation Authority (MTA) today announced its commitment to award a historic amount to historically underutilized businesses as part of its recently announced 2025-2029 Capital Plan. With $6.5 billion to $7.5 billion in contracts to be awarded to New York State Certified Minority- and Women-Owned Business Enterprises (MWBE), Service-Disabled Veteran-Owned Businesses (SDVOB), and/or Disadvantaged Business…

The post MTA Pledges $7.5 Billion To Underutilized Businesses In Capital Plan (Video) appeared first on Harlem World Magazine.

* This article was originally published here