"taken steps toward"
"to finalize the deal and become part of NYC H+H in the coming months."
"This presents a historic opportunity for Maimonides to expand our capacity to deliver high-quality care, meet the growing needs of our communities, and strengthen our financial position at a time when Federal cuts threaten to reduce support for safety net hospitals."
"treats all patients, regardless of ability to pay."
Maimonides Medical Center is working to finalize an agreement to join NYC Health+Hospitals after years of financial struggles. Joining would allow access to higher Medicaid reimbursement rates available to public hospitals and eligibility for $2.2 billion in state grant funding over five years through the Safety Net Transformation Program. The hospitals first proposed the partnership two years earlier and jointly sought state support. Maimonides reported a $15 million loss in the first three quarters of 2025 and narrow overall earnings, while more than 80% of patients are covered by Medicaid and Medicare and reimbursements do not fully cover costs.
Read at Brooklyn Paper
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