A change in Medicaid funding for prescription drugs could cost New York safety net hospitals big in the state budget, industry groups warned state officials last week in a letter.
Leading hospital associations in the state are urging the Department of Health and Governor Andrew Cuomo to reverse the provision, which switches the Medicaid pharmacy benefit from Medicaid managed care to fee-for-service.
“This is a significant loss coming at the worst possible time for our safety net hospitals and their communities,” the groups wrote in the letter.
BY NICK REISMAN
OCTOBER 6, 2020
