The bill proposes several amendments to Florida's health care laws, including the repeal of section 381.4015, which pertains to Florida health care innovation. It amends section 381.915 to require the Cancer Connect Collaborative to develop an annual comprehensive plan for the Casey DeSantis Cancer Research Program, which must include input from specialty hospitals for children and expand grant funding opportunities for these hospitals. Additionally, the plan will include analyses of pediatric cancer mortality rates. The bill also modifies section 409.909 by removing certain provisions related to funding allocations and reporting requirements for hospitals and qualifying institutions, as well as eliminating the Graduate Medical Education Committee.

Furthermore, the bill amends section 409.967 to remove the provision that audit report results are dispositive and prohibits including administrative costs for a hospital-directed payment program in allowable expenses for managed care plans. The effective date for these changes is set for July 1, 2025. Overall, the bill aims to enhance cancer research funding and streamline reporting and funding processes for hospitals involved in graduate medical education.