Op Ed Health Care

Fiscal Challenges for NYC's Health and Hospitals Corporation

November 10, 2014

In fiscal year 2013, the Health and Hospitals Corporation (HHC) ran a deficit of $668 million. Final numbers for fiscal year 2014 have not been released, but the estimated deficit is $645 million. The imbalance between revenues and expenditures is expected to worsen from $702 million in fiscal year 2015 to $1.7 billion in fiscal year 2018.

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