Today's New York Times reports:
New York's public and private hospitals stand to lose more than $1 billion in state and federal funds for the training of doctors because of changes to the Medicaid program backed by the Bush administration, according to an analysis by the city's Independent Budget Office released on Tuesday.The change would end a revenue stream that the medical residencies have relied on for more than 40 years and that have widespread ramifications, because New York hospitals train a large share of the nation's doctors, many of whom work in poor neighborhoods during their residencies.
Read the full article here.