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“While these hospitals have received direct federal aid during this crisis, some of them and their affiliated practices are still experiencing financial hardship,” noted Gov. Ned Lamont.
Gov. Ned Lamont announced an agreement with some 65 credit unions and banks in Connecticut to offer mortgage relief to the state’s residents and businesses who continue to face hardship caused by the global COVID-19 pandemic.
Gov. Ned Lamont said that the state has received "another small delivery" of PPE from the federal government, including 146,000 surgical masks, as well as a promised 50 ventilators, which "we haven't seen yet."
“Our hospitals are vital economic anchors, providing the stability and growth that contributes greatly to the financial health of the state and the communities they serve,” said CHA CEO Jennifer Jackson.
Soon after the ratification of the hospital agreement came word that a federal appeals court has ruled that the Affordable Care Act’s individual mandate is unconstitutional, in light of the U.S. Congress’ elimination of the tax penalty that was intended to enforce it.
Under the terms of the deal, which must be approved by the General Assembly, hospitals will have a more stable and predictable user fee schedule, with a reduction in the user fee (or "hospital tax") from $900 million to $820 million by FY 2026.
Kathleen Silard joined Stamford Health in 2003 as executive vice president and chief operating officer and was named president and CEO last year.
The Connecticut Hospital Association maintains the tax has cost its member hospitals billions since it went into effect in 2011.
Among those criticizing aspects of the new governor's plan: Hospitals, accountants, and Republican lawmakers.
Meanwhile, Comptroller Kevin Lembo said that, based on revenue and spending through Sept. 30, the state remained on track to end the current fiscal year with a $93.9 million deficit.
Great strides forward for mothers, newborns and medical practitioners are expected.
The group also said that the state’s hospital health systems are responsible for 199,000 total jobs.
As the Malloy administration and legislative leaders attempt to close the state's projected budget gap, Connecticut Hospital Association (CHA) President and CEO Jennifer Jackson warned against possible funding reductions to health care providers.