Our Senator, Charles Schumer Wednesday announced that he successfully included legislation that renews and extends two vital hospital programs for 5 years.
Schumer said the recently passed budget deal includes the extension of the Low-Volume Hospital (LVH) and Medicare-Dependent Hospital (MDH) Programs, both of which are essential to the health of rural hospitals across Upstate New York.
Passage restores $2.71 million in funding, for the Cortland Regional Medical Center, according to a statement from Senator Schumer.
Schumer said both programs are vital for the hospitals in rural New York, which are often under serious financial pressure due to a lower volume of patients and a higher percentage of Medicare beneficiaries than their urban and suburban counterparts.
Both programs expired last year but were major components of the recently announced budget deal, which included a five-year extension of both programs and includes revisions that could increase payments to some New York hospitals in the Low Volume Hospital program and add additional hospitals to the program.