Friday, December 19, 2014

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Struggling City Hospitals May Be Saved After Cuomo Announces Re-Investment of Medicaid Funds

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TWC News: Struggling City Hospitals May Be Saved After Cuomo Announces Re-Investment of Medicaid Funds
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Three struggling Brooklyn Hospitals may soon have the money they need to stay open.

The Cuomo administration announced an agreement with the federal government to re-invest Medicaid savings into the struggling healthcare system.

This afternoon, Federal health and human services secretary Kathleen Sebelius told Governor Andrew Cuomo she's prepared to approve the Medicaid waiver the state and the city have been lobbying for. While it falls short of the $10 billion sought by the state, the feds will re-invest $8 billion.

Brookdale Hospital, Interfaith Medical Center and Wyckoff Hospital will likely now have money to adapt and stay open.

“While the State will be reviewing the terms and conditions of this agreement, it is clearly the biggest step forward towards a positive conclusion for our communities, particularly in Brooklyn, that have suffered from diminishing health care services," Cuomo said in a press release.

Mayor Bill de Blasio called the waiver long-overdue good news, saying, "With this funding, we can finally turn the page on a decade of reckless hospital closures, and confront the immediate crises facing seven hospitals in Brooklyn alone. This is our opportunity to focus on long-term solutions that deepen access to preventative, primary and emergency care."

The fate of Long island College hospital remains uncertain.

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