Tuesday, February 25, 2014

HHC has gigantic budget gap

From Capital New York:

The city’s Health and Hospitals Corporation is facing a $430 million budget gap for fiscal year 2015, its president told the City Council’s health committee on Monday.

That gap is expected to triple to nearly $1.4 billion by 2018, said H.H.C. president Alan Aviles, who will soon be leaving the nation’s largest municipal hospital system.

The deficits can be attributed to damage from Hurricane Sandy as well as skyrocketing pension costs, but the most basic challenge is that H.H.C. treats hundreds of thousands of patients who can’t pay for the full costs of their care.

H.H.C. provides about $700 million in uncompensated care each year, and 80 percent of its patients are either on Medicaid or uninsured.

3 comments:

Anonymous said...

Hhc needs to stop catering to illegals....I worked for them once before and they will let illegals slide for their bills for as low as 10/visit.....meanwhile regular citizens can lower their bill by proof of income and the cheapest you can pay is 15/visit. If you make more then u pay more. Bottom line...illegals get to pay a flat fee of 10/visit and all they need is a handwritten letter from their employer... once again citizens get screwed and we have to bring in a couple of pay stubs.

Anonymous said...

H.H.C. provides about $700 million in uncompensated care each year, and 80 percent of its patients are either on Medicaid or uninsured

Why aren't these people on Obamacare???

Anonymous said...

All of HHC should be sold off or closed.