Tag: Budgets

In the coming skirmish over how to close a multi-billion-dollar deficit in the Medicaid program, New Yorkers can expect a lot of misleading claims and half-truths from the health-care industry. A case in point is a Jan. 6 letter signed by 23 provider groups – representing hospitals, nursing homes, pharmacies, physicians and more – which calls for Governor Cuomo to reverse the 1 percent cut to most Medicaid fees that his administration announced on New Year's Eve. Read More

In a sign of a deepening state budget crisis, the Cuomo administration says it is planning to delay another $2 billion in Medicaid payments this coming spring, according to a recent report from the Budget Division. Read More

The newly posted July cash report from the comptroller's office shows that state-funded Medicaid expenditures ran over budget projections by $665 million, or almost 8 percent, through the first four months of the fiscal year. If that pattern continues, the full-year overage would approach $2 billion. Read More