HB2994 Summary

• Extends hospital assessment provisions in Illinois Public Aid Code through State fiscal year 2020 (previously set to expire in 2018).

• Maintains annual assessments on inpatient and outpatient hospital services, with assessments calculated based on occupied bed days and gross revenue respectively.

• Extends Safety-Net Hospital designation through June 30, 2020 for hospitals meeting specified Medicaid utilization and charity care thresholds.

• Continues authorization for hospital provider payments and transfers from the Hospital Provider Fund to designated funds including Healthcare Provider Relief Fund through the extended period.

• Effective July 1, 2017, with transition period for hospital rate reform system extended through June 30, 2020.