The bill establishes new reimbursement rates for healthcare providers based on a rate study authorized under Chapter 401, Laws of 2021. It appropriates $5 million from the general fund and $9,301,615 from the federal special revenue fund to the Department of Public Health and Human Services for the fiscal year beginning July 1, 2024. This funding is intended to increase reimbursement rates for both Medicaid and non-Medicaid providers and services identified in the provider rate studies completed in 2022.
Additionally, the bill includes a delayed effective date, specifying that the provisions will take effect on July 1, 2024. Notably, the bill removes previous requirements for implementing recommended rate increases and for inflationary increases, focusing instead on the appropriation of funds to support the new reimbursement rates.
Statutes affected: HB0649_1.pdf: 53-6-113, 53-6-402
HB0649_2.pdf: 53-6-113, 53-6-402
Introduced: 53-6-113, 53-6-402