Brooklyn, New York-based Maimonides Health is merging with New York City’s public health system NYC Health + Hospitals, the organizations announced. The merger is pending final legal and regulatory approval but is expected to be finalized by April, city officials said. The partnership is supported by $2.2 billion over five years from New York state to protect safety net healthcare in Brooklyn, officials said. Maimonides Health is a Brooklyn healthcare system with three hospitals and more than 80 community-based sites. By partnering with the city, Maimonides will be reimbursed at a higher rate by Medicaid, bolstering its financial position, health system executives said in a press release.
Read the full article: Maimonides Health to Merge with NYC Health + Hospitals Supported by $2.2B State Grant //
Source: https://www.fiercehealthcare.com/providers/maimonides-health-merge-nyc-health-hospitals-supported-22b-state-grant