Amends TCA Title 71, Chapter 5.
Tennessee SB0577 amends Title 71, Chapter 5 of the Tennessee Code Annotated to establish provisions regarding the implementation of an annual coverage assessment for hospitals. The bill affects hospitals in Tennessee by stipulating that if certain approvals from the Centers for Medicare & Medicaid Services (CMS) are obtained, the assessment will be imposed, with expenditures for directed payments limited to the amounts authorized for the previous fiscal year or a greater amount as determined in consultation with the Tennessee Hospital Association. Key provisions include the requirement for written notice to the Tennessee Hospital Association once the necessary CMS determinations and approvals are secured.
Tennessee SB0577 amends Title 71, Chapter 5 of the Tennessee Code Annotated to establish provisions regarding the implementation of an annual coverage assessment for hospitals. The bill affects hospitals in Tennessee by stipulating that if certain approvals from the Centers for Medicare & Medicaid Services (CMS) are obtained, the assessment will be imposed, with expenditures for directed payments limited to the amounts authorized for the previous fiscal year or a greater amount as determined in consultation with the Tennessee Hospital Association. Key provisions include the requirement for written notice to the Tennessee Hospital Association once the necessary CMS determinations and approvals are secured.
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