Central New York hospitals stand to lose funding after state lawmakers approved $775 million in cuts and other savings from the state health care budget. The cuts will affect hospitals, nursing homes and other health-related programs. The legislation also requires the state to save an additional $300 million a year by cracking down on Medicaid fraud, waste and abuse....
Central New York hospitals stand to lose funding after state lawmakers approved $775 million in cuts and other savings from the state health care budget.
How much each hospital in state would lose.
The cuts will affect hospitals, nursing homes and other health-related programs. The legislation also requires the state to save an additional $300 million a year by cracking down on Medicaid fraud, waste and abuse.
The cuts will amount to about $5.1 million for Central New York Hospitals, according to the Healthcare Association of New York State. They will range from $105,000 at Community Memorial Hospital in Hamilton to $1.5 million at Upstate University Hospital in Syracuse.
The Greater New York Hospital Association, which represents many institutions in the New York City region, estimated that the state cuts would cost hospitals and other providers an additional $250 million or so in federal money.
Because cutting the state’s health care spending means forgoing some federal matching subsidies, the cuts are likely to have an even deeper impact than the stated total.
Among other major provisions, the legislation cuts $72.2 million in health care for the poor and $37.4 million in subsidies for graduate medical education. The revised proposal also cuts $6 million in state financing for stem cell research.