Amends TCA Title 71, Chapter 5.
Tennessee SB0576 amends Title 71, Chapter 5 of the Tennessee Code Annotated, primarily focusing on the annual coverage assessment for hospitals. It affects hospitals licensed in 2021 or later, establishing that their assessment base will be based on projected net patient revenue for their first full year of operation if they lack a Medicare cost report. Key provisions include adjustments to the payment schedule for assessments, changes in the minimum percentage paid to covered hospitals, and the introduction of funding for a program manager contract.
Tennessee SB0576 amends Title 71, Chapter 5 of the Tennessee Code Annotated, primarily focusing on the annual coverage assessment for hospitals. It affects hospitals licensed in 2021 or later, establishing that their assessment base will be based on projected net patient revenue for their first full year of operation if they lack a Medicare cost report. Key provisions include adjustments to the payment schedule for assessments, changes in the minimum percentage paid to covered hospitals, and the introduction of funding for a program manager contract.
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