07.10.2017

Distressed Hospital Funding Swept Away

The State House News Service obtained a copy of a letter from Administration & Finance Secretary Kristen Lepore to the House and Senate Ways & Means Committees announcing the administration’s intention to collect nearly $140 million from state trust funds to balance the FY17 budget. Notably the proposal seeks to obtain $23.5 million from the state’s Distressed Hospital Fund which is used to fund the Health Policy Commission CHART grant program. Lepore was required to submit the letter to the Legislature 45 days prior to the transfer of the funding from the account.