Published in the American Health Lawyers’ Association Business Law and Practice Group, April 2012
Introduction
On January 18, 2012,New York Governor Andrew Cuomo (D) signed Executive Order No. 38, “Limits on State-Funded Administrative Costs & Executive Compensation”(Executive Order). Under its terms, New York will not reimburse a provider of services to New York state1 for the compensation of an executive of the provider that exceeds$199,000 and also will not reimburse the provider for administrative costs that exceed 25% of the amounts otherwise payable to the provider by the state.2
