NJ S4656

Increases the hospital per-adjusted-admission assessment from $10 to $12.50, effective July 1, 2025, with revenues used by the Department of Health for health planning and related duties

Expands the hospital assessment to include non-public psychiatric hospitals, in addition to general acute care hospitals, rehabilitation hospitals, and long-term acute care hospitals already subject to the assessment

Removes the exemption for surgical practices from the ambulatory care facility assessment beginning in State Fiscal Year 2026; previously exempt practices with single operating rooms will now be subject to the assessment

Reduces the ambulatory care facility assessment rate from 2.95% to 2.5% of gross receipts beginning in Fiscal Year 2026, while eliminating the previous $350,000 cap and $300,000 gross receipts threshold for assessment

Requires newly assessed surgical practices to report gross receipts from operating room services in Fiscal Year 2026, with the 2.5% assessment applied beginning in Fiscal Year 2027