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Senate chair unveils hospital stabilization draft including $150 million one-time grant for HCMC; hospitals and nurses back plan
Summary
Chair presented a draft hospital-stabilization program that would offer targeted grants — including a proposed $150 million one-time grant to Hennepin County Medical Center — with reporting and auditor review; hospital groups, nurses and safety-net providers testified in support and urged clarified eligibility and reporting timelines.
The committee heard an informational draft April 15 proposing a hospital stabilization program intended to shore up hospitals and safety-net providers facing financial strain. The chair said the draft would provide direct grants to hospitals that meet defined criteria of financial distress and would include quarterly reporting requirements, auditor review of Hennepin County Medical Center’s compliance with conditions, and reporting to improve statewide…
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