U.S. Senate Majority Leader Chuck Schumer announces potential funding increase for NYS hospitals (May 5, 2023)
Changes to Medicare payments could result in Chautauqua County hospitals receiving $14.1 million more a year in federal funding.
U.S. Senate Majority Leader Chuck Schumer said the Centers for Medicare and Medicaid Services (CMS) proposed a rules change could have an estimated annual nearly $1 billion impact for increased payments to upstate New York hospitals.
He explained that CMS proposes to amend the Medicare formula for hospitals, which for years have received less than the national average for the services they provide.
The estimated increases for hospitals in the county include UPMC Chautauqua receiving an additional $9,836,225; Brooks-TLC Hospital System receiving $3,444,566; and Westfield Memorial Hospital receiving an additional $850,340.
Schumer said this readjusted number will equate to much better healthcare in the state, “It will mean the ability to have more doctors to be attracted to our hospitals. More nurses, we’ve heard about the shortages of doctors and nurses, but they will be able to be there. It’s going to mean lower waiting times for people. It’s going to mean you’re going to be able to get an appointment more quickly. The amount of money going to our hospitals is well-deserved, is so large that just about every aspect of healthcare will improve.”
Schumer said he’s optimistic the change will be approved in August 2023. He added that hospitals would continue to receive these additional amounts each year and that there are no restrictions on how the funding can be used.
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