Conn. governor rescinds $14M in funding cuts for financially strapped hospitals

Connecticut Gov. Dannel Malloy restored $14 million in funding to six small hospitals in the state after receiving increasing criticism from hospitals and legislators over proposed budget cuts, according to a Hartford Courant report.

In late September, Gov. Malloy announced he would make more than $63 million in new cuts to hospital Medicaid payments. The Medicaid cuts are part of more than $102 million the governor plans to trim from the state's budget.

After receiving push back on the proposal, Gov. Malloy restored allocations to six Connecticut hospitals: Griffin Hospital in Derby, Bristol (Conn.) Hospital, Day Kimball Hospital in Putnam, Johnson Memorial Hospital in Stafford Springs, Charlotte Hungerford Hospital in Torrington and Milford (Conn.) Hospital.

"We appreciate that the governor has listened to Democrats in the General Assembly and taken a first step in reversing these ill-conceived and devastating cuts to our community hospitals," said Connecticut Senate President Pro Tem Martin Looney (D-New Haven). "The restorations cannot end here."

More articles on healthcare finance:

5 hospitals with strong finances
5 healthcare CFOs in the headlines
Texas hospital files for bankruptcy, blames insurers for troubles

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars