NYAPRS Note: As associations and large provider agencies push for additional funding to revamp infrastructure and improve capital in advance of DSRIP program implementation, it’s important to remember that small community based providers—including those that provide non-Medicaid funded behavioral health services—are eligible for funding. The Capital Restructuring Financing Program applications have been delayed until 2/20/2015, to enable providers to apply in a thorough way for additional funds. Additional money may be added through DOH or legislative enhancements if the industry is successful in their requests of the state.
Learn more about the CRFP here: https://www.health.ny.gov/health_care/medicaid/redesign/dsrip/capital_restructuring_financing_program.htm
$1 Billion Request for More Capital Funding
Crain’s Health Pulse, 12/3/2014
New York hospitals, nursing homes and other providers are quietly pushing for $1 billion in additional funding for the new Capital Restructuring Financing Program, currently funded at $1.2 billion. The 2014-2015 state budget authorized the establishment of the CFRP, a new source of cash for New York providers. Applications for the money aren’t yet due, but already the state Department of Health has identified more than $3 billion in capital needs or requests from the state’s capital-starved care providers.
Three hospital groups have been discussing the issue with DOH, with a focus on $1 billion for now. Trade groups will push DOH to get the state Division of the Budget to increase money for CFRP in the governor’s budget for next year. If that effort fails, or if the amount set in the budget is too low, providers say they will go directly to the state Legislature to request additional funding. DOH did not respond to a request for comment.
Yesterday, DOH announced that it was extending the CRFP application’s due date from Dec. 22, 2014, to Feb. 20, 2015. The delay will give providers more time to assess their capital needs as they apply for DSRIP funding. It also allows them to focus on the DSRIP deadline, instead of juggling both applications at once.
Praising the two-month extension, GNYHA said, “The new date aligns more closely with the submission date for the DSRIP project plans and will give the PPSs and their partners time to align their capital requests with their DSRIP projects.”
HANYS also advocated for a delay. The trade group said that while the capital funding program “is a good start … we are advocating for a significant level of additional capital funding and more flexibility in the capital process.”
Last month, HANYS wrote to DOH to protest the CFRP application process.
“We are very concerned that this process will cause complications and delays in getting needed capital funding to providers seeking to transform their delivery systems in tandem with the DSRIP program, without adding value,” HANYS wrote.
http://www.crainsnewyork.com/article/20141203/PULSE/141209950