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Revised State Budget Proposes Important Health Care Investments but Does Not Address Hospitals’ Inflationary Challenges

On May 13, Gov. Newsom released the May Revision with modifications to the proposed state budget he first presented in January. Tax revenue estimates have surged by $55 billion since the governor’s January budget proposal, creating a discretionary budgetary surplus of $49 billion and allowing the state to make new investments beyond what was proposed […]

California Hospitals: Revised State Budget Proposes Important Health Care Investments but Does Not Address Hospitals’ Inflationary Challenges

“In his revised state budget proposal, Gov. Newsom recommends a variety of important health care investments,” said Carmela Coyle, President & CEO of the California Hospital Association. “These include funds for additional COVID-19 tests, vaccines, and contingency staffing; health care workforce development; health information exchange infrastructure; and to address child and youth behavioral health needs.”  “CHA […]