I thought a lot about this title, but it seems to fit. After thumping his chest on Medicaid spending (see previous post), it seems like Eliot Spitzer has caved in to special interest groups representing healthcare unions.
The New York Governor needs to shave more than half a billion dollars from the state’s Medicaid budget. Medicaid costs in NY have skyrocketed of late, primarily due to ineffective physician and hospital management requiring a $1.5 billion bailout of a failed system.
