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Committee hears plan for $10 million provider stabilization fund; committee asks for clearer award criteria

2282354 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Members discussed a House amendment creating a $10 million provider stabilization fund; agency staff said eligibility language was agreed with the House but that the application, vetting and sustainability criteria will be developed with contracted technical assistance.

Senate members discussed language in the Budget Adjustment Act that would create a $10,000,000 provider stabilization fund to support financially at-risk health and social-service providers.

A representative of the administering agency told the committee the House and administration had agreed on eligibility language (recorded in Section 82) and that the program will be finite and competitive. "It's going to be…

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