Finger Lakes Performing Provider System (FLPPS) is eligible to receive up to $565 million over 5 years (April 1, 2015 – March 31, 2020). The purpose of this award is to transform the way healthcare is delivered to more than 300,000 Medicaid beneficiaries and 100,000 uninsured individuals in the Finger Lakes region. This amount is comprised of a $533 million base award and $32 million of potential “bonus dollars” for exceeding metrics.
The $565 million, allocated by the Centers for Medicare and Medicaid Services (CMS) and dispersed by New York State Department of Health, is a maximum possible award which can be earned primarily by achieving performance metrics within DSRIP.
Eighty-five percent of these funds will be distributed to FLPPS participating partners across our 13 county region. Of those funds, 65% will be distributed for achievement of specific project metrics and clinical outcome as defined in contracts between FLPPS and each participating partner. Ten percent is allocated to support the financial stability of the PPS and its partners, during the final transformation to Value Based Payment. An additional 10% is reserved for unanticipated costs during the five DSRIP period. Funding for general DSRIP administration is capped at 15% of the total award.