The New York State Department of Health and the Dormitory Authority of the State of New York have announced the availability of funds under the Statewide Health Care Facility Transformation Program III, the law firm of Manatt, Phelps and Phillips writes for JD Supra. Up to $208.3 million is available to health care providers to facilitate health care transformation activities. The deadline for submitting applications is Jan. 12.
Awards will primarily be used to support capital projects that facilitate health care transformation activities, including merger, consolidation, acquisition or other activities intended to create financially sustainable systems of care; to preserve or expand essential health care services; to modernize obsolete facility physical plants and infrastructure; to foster participation in alternative payment arrangements; to improve health information technology infrastructure, including telehealth; and for residential health care facilities, to increase the quality of resident care or experience. Read more.
