Providers of services for people with intellectual or developmental disabilities face financial hardship and a constrained cash flow, a survey to be released by advocates on Monday found.
The survey, which comes as lawmakers and Gov. Andrew Cuomo are debating the state budget, found nearly half of the providers for people with developmental disabilities have only 40 days of cash on hand.
That is less than the six-week receivable cycle for Medicaid.
One in three providers in the state, meanwhile, have less than a month of cash on hand — two pay periods away from being insolvent.
The survey was conducted by New York Disability Advocates, a coalition of seven provider associations that represents 300 non-profit entities.
The groups in the past have sought a 3 percent increase in aid over the next five years.
“We understand that New York is facing significant financial headwinds. However, for over a decade the state has neglected to give a cost of living increase to the organizations that serve New Yorkers with intellectual and developmental disabilities — now we are at a breaking point,” said Yvette Watts, executive director of New York Association of Emerging and Multicultural Providers, one of NYDA’s seven member associations. “A commitment to a 3 percent increase in funding for the next five years is needed.”
Most of the funding for provider organizations is from the Medicaid program, which faces a $2.5 billion shortfall.