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Q&A

Inquiry about NYC Health + Hospitals' access to the Distressed Hospital Fund

1:42:31

·

93 sec

Council Member Mercedes Narcisse questions Dr. Mitch Katz about NYC Health + Hospitals' access to the Distressed Hospital Fund, which is funded by intercepting $150 million of the city's sales tax revenue.

NYC Health + Hospitals does not receive any funds from the Distressed Hospital Fund
The fund largely subsidizes and supports hospitals outside of the city
No specific reason has been provided to H+H for why they don't qualify for these funds

Mercedes Narcisse

1:42:31

Okay.

1:42:33

Starting in 2020, the state started intercepting 150,000,000 of the city sales tax revenue for a distressed hospital fund.

1:42:43

This intercept was intended to be temporary, but still remains.

1:42:48

Our understanding that despite the deep needs of the H and H who serve as our public hospital, H and H and H hospitals do not qualify for these funds.

1:42:59

We are essentially funding a distressed hospital fund that largely subsidizes and supports hospitals outside of the city.

1:43:09

Since the creation of this inter intercept, has HNH ever received reasoning from the state as the to why our public hospitals do not qualify for the distressed hospital fund?

1:43:21

Do you believe that our public hospitals will would benefit from having access to the fund for this funds?

Dr. Mitch Katz

1:43:28

We received no funds.

1:43:31

Nope.

1:43:33

We would certainly appreciate it, but we received none.

Mercedes Narcisse

1:43:38

Wow.

1:43:40

Okay.

Raquel Delgado

1:43:45

Okay.

Mercedes Narcisse

1:43:47

Can you please provide any further update to the state DPT request?

1:43:51

Has it has been approved yet?

1:43:53

Is there a deadline?

Dr. Mitch Katz

1:43:57

Has not been approved and it's at CMS so it's their deadlines not ours.

1:44:02

They they get to decide.

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Impact of potential federal budget cuts on NYC Health + Hospitals