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Senate approves three‑year hospital assessment to secure federal matching funds
Summary
The Senate approved Senate Bill 273, a three‑year hospital assessment intended to generate federal matching funds to offset Medicaid shortfalls and help hospitals (including rural and pediatric providers). The bill passed after debate on fiscal impacts and assurances it would not be added to patient bills.
Senators voted to pass Senate Bill 273, authorizing a hospital assessment to generate state revenue that would be used to draw federal matching dollars to support hospitals and Medicaid reimbursement. Sponsor Senator Hilliard said the assessment is carefully drafted with a three‑year sunset and restrictions to ensure funds are used to help hospitals. "The money will be used strictly to help hospitals," he said, adding the…
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