New York will grant $175m for the restructure of hospital projects to reduce excess hospital capacity and duplication of services.
The aim is to avoid unnecessary hospitalisations, improve outpatient care and meet community needs.
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The investment will be used for construction, renovation or buying equipment for restructuring, or legal and planning costs related to mergers or other deals.
The funding is a part of a $1bn healthcare reform effort based on the findings from the state’s Commission on Health Care Facilities in the 21st Century.
By staff writer.
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