Budget documents released this week show that NYC Health + Hospitals is in good financial health going into the next fiscal year, but expected cuts to funding for the health system could spell trouble down the road.
Michael Appleton/Mayoral Photography Office
“Historically, [that’s] the most we’ve had,” he said. “We no longer have a deficit …Going forward, we are running even.” Katz said the next priority should be to invest in upgrading the system’s crumbling infrastructure. New York City’s system of public hospitals and clinics has proven to be a crucial resource during the pandemic, but is also responsible for providing day-to-day care to more than 1 million New Yorkers each year.
Mayor Eric Adams’ preliminary budget for New York City included $717 million for NYC Health + Hospitals — a $1.3 billion reduction from the current fiscal year. But this fiscal year’s budget was largely inflated by expenses related to COVID-19 and was padded with substantial federal funding. “If the federal government ends the state of emergency and the number of cases rises, then we could have expenses with no revenue,” Katz said. “I am hoping that doesn’t happen.”NYC Health + Hospitals has sought to expand access to and utilization of primary care in recent years. But when Councilmember Selvena Brooks-Powers, who represents Far Rockaway, asked whether it would be possible to open a new hospital to serve the isolated community’s growing population, Katz said he wasn’t sure.
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