May 25, 2012
Cash
Always release bad news late Friday before a holiday weekend. Right? Just a few minutes after posting about New York counties, including Albany, needing to repay the Federal government for excess payments received for their nursing homes, Albany County finally sent an update of their cash position. First look? Not as bad as it might […]
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May 25, 2012
County Government
The word is out that the Centers for Medicare and Medicaid Services has made a final decision and will be retroactively recovering “Intergovernmental Transfer” (IGT) funds from counties operating nursing homes in New York. This retroactive recovery goes all the way back to State fiscal year 2006-07. This will be partially counterbalanced by a small […]
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