New York Approves Seven Hospital Partnerships For Safety-Net Transformation Program
Seven hospital systems in New York State are participating in the state’s Healthcare Safety Net Transformation Program, which incentivizes financially stable institutions to support care quality and financial stability at safety-net institutions. Partnered facilities are infused with state funds. The program's goal is to increase the financial sustainability of safety net hospitals and to improve access, equity, quality, and outcomes.
The safety net transformation program was created as part of the 2024-2025 state budget, which included $300 million for it. The New York Department of Health (DOH) accepted letters of interest from August 13 to 26 . . .