3 New York hospitals keep critical access designations, funding

Three rural hospitals in New York will continue to receive federal funding after CMS changed guidelines allowing them to keep their critical access designations, CBS affiliate WWNY reported Nov. 8. 

Advertisement

Gouverneur Hospital, Carthage Area Hospital and Lowville-based Lewis County Health System stood to lose millions if they had lost their designations, according to the report. WWNY previously reported that Carthage would have lost $9.7 million, Lewis County would have lost $5.3 million and Gouverneur would have lost $3.3 million. 

“For the Medicare patients that we serve, we receive cost plus 1 percent reimbursement,” Lewis County Health System CEO Jerry Cayer told the news outlet. “That really makes a difference in maintaining the financial viability of the hospital.”

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.