The craziest American hospital grift yet

Jul 10th 2026 1:01pm EDT

The motto of New York-Presbyterian — the dominant hospital chain in Manhattan — is: Amazing Things Are Happening Here. None more amazing than this: New York-Presbyterian, a “non-profit” with $11.5 billion in sales and a half-billion in profits last year1, calls itself a rural hospital under Medicare rules so it can take advantage of federal […]

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