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Contact UsAlbany County Department of Management and Budget112 State Street, Room 210 Albany, NY 12207 Phone: (518) 447-5525 John P. McPhillips, Jr.
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29 April 2009Update on Nursing Home Costs and Revenues – Post State Budget ChangesIn February we provided some financial projections related to the Albany County Nursing Home based on the Medicaid reimbursement changes proposed in the Governor’s Budget. The adopted revenue reductions were not as large as proposed by the Governor, but they were significant. The cuts originally proposed would have reduced our revenues by approximately $5.9 million. The cuts adopted by the State will reduce Medicaid revenues during 2009 by approximately $3.7 million. CLICK HERE for full memo [PDF*]
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