April 3, 2025
For Immediate Release
NY Physicians Urge CDPHP to Return Millions of Dollars in Withheld Funds for Patient Care
Statement attributable to:
Jerome Cohen, MD
President
Medical Society of the State of New York
“After 40 years of a productive partnership with Capital Region-practicing physicians to help manage the care of our patients, CDPHP has broken that trust by keeping for itself what is likely tens of millions of dollars owed to countless community-based medical practices despite the fact many of these practices are struggling to stay afloat to continue to deliver patient care.
“Adding insult to injury is CDPHP’s assertions that it is the fault of changes in the Medicare wage index which only affected hospital payments, yet payments to physician practices struggling to stay in business are also adversely impacted. This severely undermines the trust that our community-based physicians have in their relationships with all health insurance plans and creates yet another barrier to attracting and retaining physicians in the Capital Region and New York State to provide patient care.
“In short, this is grossly unfair.
“MSSNY has brought these concerns to the NY State Department of Financial Services to have it investigate the validity of CDPHP’s claims that it has met the criteria to withhold payment from its network providers.”
# # #
Founded in 1807, the Medical Society of the State of New York is the state’s principal non-profit professional organization for physicians, residents, and medical students of all specialties. Its mission is to represent the interests of patients and physicians to assure quality healthcare services for all.
Media Contact:
Roseann Raia | Manager, Communications
Medical Society of the State of New York
865 Merrick Avenue
Westbury, NY 11590
516.488.6100 x302 | [email protected]
Julie Vecchione
Vice President, Communications
Medical Society of the State of New York
865 Merrick Avenue
Westbury, NY 11590
516.488.6100 x340 | [email protected]
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