Article
New York's safety net providers have a new impetus and incentive to collaborate on redesigning how they serve Medicaid patients - if they can make all the moving pieces work.
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New York’s safety net providers have a new impetus and incentive to collaborate on redesigning how they serve Medicaid patients if they can make all the moving pieces work.
After gradually paring back the growth rate of New York’s $54 billion Medicaid program, Gov. Andrew Cuomo has received a waiver from the Centers for Medicare & Medicaid Services to invest $8 billion in a larger redesign over the next five years, using money from what is estimated to be $17 billion in federal shared savings.
The $8 billion will go toward shoring up struggling organizations, with $500 million in temporary support, and will help with capital investments, with $1 billion slated for information technology, home health and workforce development.
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Source: Government HealthIT