Thursday, January 28, 2010
New Report: Financial condition of NH's Community Mental Health Centers
Website : http://www.endowmentforhealth.org/uploads/documents/resource-center/EFH%20ComMentalCtrHealthReport2010.pdf
This report analyzes the six-year financial history and current financial condition of the ten community mental health centers currently serving close to 50,000 mental health clients in the State of New Hampshire. Medicaid payments account for approximately 75% of total revenue sources (including grants and contracts as well as patient service revenues) and roughly 85% of patient service revenue alone. Most centers do not have sufficient financial reserves to fund substantial operating losses. Future Medicaid cuts could result in a marked reduction in services, affecting more than 3,000 people.
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