NY gets final terms for $8B Medicaid waiver

doctors nurses health hospitals3

ALBANY, N.Y. (AP) — New York and federal officials report final agreement allowing the state to reinvest $8 billion in Medicaid savings to support hospital overhauls and expand primary medical care over the next five years.

The goal of the Medicaid waiver is to reduce avoidable hospital use by 25 percent while helping financially struggling hospitals shift to more primary and outpatient care.

The Department of Health and Human Services says New York will have to meet ongoing milestones for funding.

It includes $500 million for interim subsidies and $6.42 billion as incentives for overhauls.

Another $1.08 billion is for Medicaid improvements like “health homes” for complicated patients as well as long-term and behavioral care.

More than 5 million of New York’s 19 million people are enrolled in state and federally funded Medicaid.

WIVB.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus