NY offers grants to help facilities restructure

Not too long ago, New York legislators created a firestorm when they approved a plan to restructure the state's healthcare industry by force. The state is still experiencing fallout from the plan, which involved a range of measures including nursing home and hospital  closures, mergers and restructuring. Several facilities sued, but many others have prepared for the inevitable, with financial help from the state.

This week, the state announced it would provide $280 million in grants, the latest in a series intended to help facilities make these transitions. This grant brings to $1.26 billion the amount New York has spent to support the plan developed by the Commission on Health Care Financing in the 21st Century, which was given the power to make decisions on the fate of various facilities by enabling legislation.

The current $280 million in grants includes $100 million for clinics and public-health departments which offer primary and community care. Another $150 million of the money went to 26 hospitals, nursing homes and other providers, which are now handling patients displaced by downsizings and closures. Meanwhile, 10 nursing homes received $30 million to downsize and invest in adult daycare and assisted living options.

To learn more about the grants:
- read this Modern Healthcare piece (reg. req.)

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