PUT PATIENTS OVER POLITICS – FUND NUMC NOW
NHCC Financial Sustainability Plan
Developedand implemented by NHCC Board Chairman Matthew Bruderman and President and CEO Meg Ryan, the NHCC Financial Sustainability Plan is a comprehensive financial reform program that has systematically identified and addressed many longstanding challenges faced b
y Nassau University Medical Center (NUMC), Long Island’s largest safety net hospital. The program, detailed below and in the downloadable presentation, has yielded dramatic results including a 650% increase in cash-on-hand by the end of 2024, new efficiencies, expanded services and increases revenue that allows the hospital to become less reliant State aid.
NUMC is in a stronger financial position today than it has been in years, thanks to these bold fiscal reforms from current management.
As part of that comprehensive review of the hospital’s finances, NHCC leadership uncovered a $1 billion Medicaid scam that has starved NUMC and its patients of aid to which they were legally entitled for years. NHCC has now advanced legal action against New York State and the Nassau County Interim Finance Authority (NIFA) for those violations of federal law. CLICK HERE to learn more.
Despite NUMC’s tremendous progress including exposing the State’s systemic Medicaid corruption, Albany leaders have refused to restore drastic aid cuts that began during the pandemic. NUMC received $0 in aid or award grants in 2024. It’s unfair, unacceptable, unwarranted and unsafe.
Now Albany is threatening to takeover NUMC in what would be a first-of-its-kind, unprecedented power grab that is not legally defensible.
WE NEED YOUR HELP: TELL ALBANY LEADERS FUND OUR HOSPITAL NOW!
CLICK THE BUTTON ABOVE to send an email to Albany leaders telling them you want to see NUMC receive the aid it is requesting NOW and that you oppose any attempt to take control of NUMC. State-appointed regulators at NIFA had previously recommended slashing 90% of NUMC’s staff. There are also rumors that the hospital campus could be turned into housing. A reduction in services or closure of NUMC will create a health care crisis for Nassau County, the 270,000 patients, 500 nursing home residents and 67,000 people who come through our Emergency Room each year. Our clinics and wide range of services are dedicated to providing quality health care for EVERYONE, regardless of their ability to pay or legal status. No other hospital has the ability to serve our communities like NUMC. Tell Albany leaders to put our patients over politics and power-grabs. Nassau Needs NUMC.
REFORMS THAT ARE REALIZING REAL RESULTS
Under Chairman Matthew Bruderman’s direction, NUMC has undertaken significant management and operational reforms to enhance efficiency, financial standards, and practices, and the quality of services. These actions have already begun increasing cash flow to the hospital proving that it can be financially sustainable. Through the continued execution of this reform plan, NUMC will rely on less State aid.
- Timely monthly financial statements for the first time in years.
- First annual budget in years.
- Creation of a financial dashboard with daily cash balances for the first time.
- Updating the hospital’s Charge Master and billing software for the first time in more than a decade.
- Enhancement of bad debt collection and timely reconciliations.
- Appointing a highly qualified Chief Financial Officer
- Increasing our services with a new MRI Center and advancing plans for a new Cath Lab and expanded Dialysis Center
- Re-opening of Long Island’s only multi-chamber Hyperbaric unit.
- Expanding mental health services.
- Advancing facility renovations including new maternity and post-partum rooms.
- Increasing access to private rooms.
- Establishing a new Department of Neurosciences to increase our payor mix.
- Implementation of a new charting process to expedite billing.
- Design of new front entrance and new desirable amenities for patients and staff.