CT HB06938

The chairperson of the Connecticut Health and Educational Facilities Authority and the Commissioner of Economic and Community Development shall study financing options for hospitals to acquire equipment, update technology, renovate facilities, and build new health care facilities, with a report due January 1, 2016.

The report must include recommendations on alternative financing methods for hospital capital improvements, use of bond funds, establishment of low-interest or no-interest loan programs tied to job creation or retention, utilization of existing state programs, and necessary legislative or regulatory changes.

The Comptroller and Commissioner of Administrative Services shall study the feasibility of allowing hospitals to purchase prescription drugs and participate in group purchasing contracts currently available only to state agencies and municipalities, with findings due January 1, 2016.

The Healthcare Advocate shall study the feasibility of using federal funds available through the State Innovation Model Initiative to establish a value-based health care delivery program in Waterbury, with a report due January 1, 2016.