New York providers to share $7.3B for healthcare overhaul

June 28, 2015

New York officials say $7.3 billion is going to 25 networks of healthcare providers statewide to help overhaul the delivery of care and cut unneeded hospital visits. Hospitals, physician groups and other providers are getting Medicaid waivers to apply projected federal savings over five years to establish more outpatient clinics, reduce hospital beds, use electronic records and enable low-income patients to see doctors and psychologists in the same visit. Meanwhile, state health officials say average spending for the state's Medicaid patients has declined to $8,233 annually while enrollments rose by 500,000 to nearly one-third of the state's 19 million people.