The proposed bill establishes the Rural Health Transformation Program Fund, which will be administered by the Department of Health and Human Services. This fund is created to receive financial support from the federal Centers for Medicare and Medicaid Services specifically for the Rural Health Transformation Program. The primary purpose of the fund is to assist communities in enhancing their health care delivery systems, improving access to health care, and achieving better health outcomes. Additionally, any available funds will be invested by the state investment officer in accordance with the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.

Furthermore, the bill mandates that the Department of Health and Human Services provide an electronic report to the Legislature by December 15 each year. This report will detail the utilization of the fund and the outcomes achieved through its implementation, ensuring transparency and accountability in the program's operations.