03/29/2026
New York’s nursing homes cannot afford to be left behind.
As budget negotiations continue around the proposed $1.5 billion in health care funding, providers across the state are raising serious concerns about how those dollars will be distributed and whether long-term care will receive its fair share.
NYSHFA | NYSCAL President & CEO Stephen Hanse has been clear. Without meaningful investment, providers will continue to face mounting financial pressure that directly impacts access to care for New York’s most vulnerable residents. About 70% of the state’s nursing homes reported losses in recent years, and there have been 10 closures over the past two years, removing 1,000 beds from the system.
This is not just a funding conversation. It is about stability, workforce, and the future of long-term care in New York.
Rather than raising Medicaid rates, New York may simply add a $1.5 billion health care funding increase – but split between hospitals and nursing homes.