HB176 Summary

• Extends the private hospital assessment and Medicaid funding program for fiscal years 2020, 2021, and 2022 (previously set to expire September 30, 2019).

• Increases the assessment rate on privately operated hospitals from 5.75 percent to 6.00 percent of net patient revenue, calculated using fiscal year 2017 Medicare Cost Report data.

• Maintains the Hospital Assessment Account to collect assessments and allocate funds for public, private, and state hospital inpatient and outpatient payments through Medicaid.

• Extends the intergovernmental transfer program for publicly owned and state-owned hospitals through fiscal year 2022, capped at $333,434,048 annually.

• Provides that the article will automatically terminate on September 30, 2022, unless a later act extends it; becomes effective October 1, 2019.