$1.8B in Medicaid cuts to providers questioned in New York governor's budget plan

New York state Comptroller Tom DiNapoli wants more information from Gov. Andrew Cuomo about potential Medicaid cuts that could reduce payments to healthcare service providers by $1.8 billion, according to The Wall Street Journal.

The cuts are part of efforts by the governor's office to address a $4 billion cost overrun in the state's Medicaid program.

Mr. DiNapoli expressed concerns after state officials released a budget update in November identifying $1.8 billion in potential Medicaid cuts, according to the Journal. The update said details will be released next month.

Mr. DiNapoli, a former New York Assembly member, said he wants more information from Mr. Cuomo's office.

"Whenever you have a challenging situation with the numbers and difficult options, the more information you can give all the stakeholders, so there can be thoughtful discussion, the better," he told the newspaper.

The Journal reports that the budget update also said New York plans to defer $2.2 billion in Medicaid payments until the next fiscal year.

Freeman Klopott, spokesperson for Mr. Cuomo's budget division, told the newspaper state officials have not finalized a plan to deal with the Medicaid overruns and "welcome[s] the comptroller's specific suggestions on how to reduce costs."

Read the Journal's full report here.

 

More articles on healthcare finance: 

Atlanta couple stranded in Mexico over $16K billing dispute returns to US
10 ICD-10 codes for Thanksgiving
Put patients before lobbyists in surprise-billing vote, White House adviser urges Congress

 

 

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months