HB286 Summary

• Extends the Hospital Provider Privilege Tax on privately operated hospitals from fiscal years 2023-2025 (previously set to expire in 2022) at a rate of 6.00 percent of net patient revenue based on fiscal year 2020 data.

• Updates Medicare Cost Report baseline years from 2017 to 2020, 2021, and 2022 for calculating net patient revenue assessments on hospitals through fiscal year 2025.

• Continues publicly and state-owned hospital intergovernmental transfers through September 30, 2025, capped at $333,434,048 annually for Medicaid payments.

• Maintains payment requirements for inpatient and outpatient hospital services through the Hospital Assessment Account, including base payments and quarterly access payments to publicly, state-owned, and privately operated hospitals.

• Automatically terminates the hospital assessment article on September 30, 2025, unless extended by subsequent legislation.