Logo

The city’s cash-strapped public hospital system is facing dire new financial problems because of sweeping changes planned for Obamacare, according to a report released released Tuesday.

The Independent Budget Office said at a time when more than $1 billion in anticipated federal and state funds have not been secured by NYC Health + Hospitals, the agency’s fiscal future remains “highly dependent on the outcome of the health care debate in Washington.”

“The current House Republican plan, released on March 6, would place a heavy burden on H+H in the coming years,” the IBO said.

“The plan would gradually reduce the federal government’s support by introducing per capita caps to Medicaid and reduce the federal matching rate for … Medicaid expansion starting in 2020.

The IBO also found that the city’s contribution to the hospital system is expected to increase by 4 percent and hit $1.9 billion by 2020 – even as inpatient and outpatient visits drop.

The report cites agency figures for July through November 2016 showing inpatient visits dropping by 3.4 percent and outpatient visits 7.2 percent. H+H blamed the decline in outpatient visits on “undesirable locations of some of its facilities and greater competition for patients in the communities served.”

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy