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Q&A
Inquiry about NYC Health + Hospitals' access to the Distressed Hospital Fund
1:42:31
ยท
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.