QUESTION
How will the anticipated decline in Medicaid membership affect NYC Health and Hospitals' revenue?
2:03:06
·
49 sec
John Ulberg explains that NYC Health and Hospitals anticipate a decrease in revenue due to a projected decline in Medicaid membership.
- The adjustment specifically relates to the NYC Health and Hospitals budget for fiscal year 25.
- NYC Health and Hospitals have performed well with risk pool payments from Metro Plus And Health First.
- An anticipated decline in Medicaid membership due to the Medicaid research process is expected to result in lower revenue.
- This decline directly impacts the revenue streams for health and hospitals.
Mercedes Narcisse
2:03:06
They outlined at H And H Projects, a decrease of nearly $90,000,000 in Medicaid Rev Can you elaborate more on this decrease?
2:03:16
What impact will an increase in Medicare reimbursement have on this revenue?
John Ulberg
2:03:22
Yeah.
2:03:22
I'll say this is an adjustment that pertains to the H and H budget.
2:03:27
We know that as we're looking forward to FY 25.
2:03:31
We've done very well with our risk pools.
2:03:34
Those are capitated payments that we receive from Metro Plus And Health First.
2:03:39
And what we're anticipating in the budget that there will be a decline in the number of members, people participating because of the Medicaid research process.
2:03:49
It's just we're anticipating there'll be less revenue coming to health and hospitals and that's the adjustment.