State Hospitals Could Lose $10B Under Bush Budget
February 5, 2008
Hospitals in New York could lose $10 billion in federal funding as a result of health care cuts in the 2009 federal budget that President Bush sent to Congress yesterday.
New York City hospitals would lose more than $600 million next year and more than $6 billion over five years, according to a preliminary analysis by the Greater New York Hospital Association.
The $3.1 trillion federal budget proposes nearly $200 billion in Medicare and Medicaid cuts. As a hub for doctor training, New York hospitals have projected a loss of $4 billion in funding for medical education. Hospitals also could lose $1.5 billion for treating poor and uninsured patients.
In a sharply worded statement, the president of the Healthcare Association of New York State, Daniel Sisto, said the budget “would eviscerate core health care funding areas.”
In a memo sent yesterday to member hospitals, GNYHA’s president, Kenneth Raske, said the group “will be working with Congress to ensure that the President’s budget is ‘dead on arrival.’”
Source: NY Sun
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