Bill > H1188

This bill amends Chapter 29 of the General Laws by establishing the Community Hospital Reinvestment Trust Fund, which will provide annual financial support to eligible acute care hospitals in Massachusetts. The key provisions of the bill include: - The fund will consist of money from public and private sources, and will be used to support eligible acute care hospitals that are licensed under Section 51 of Chapter 111 and have relative prices below the 90th percentile of the statewide average. - Payments from the fund will be allocated based on each eligible hospital's proportion of total gross patient service revenue, with adjustments to provide proportionally greater payments to hospitals with lower relative prices and to consider factors such as Medicaid volume, commercial volume, major service categories, case mix, affiliation status, and geography. - The Secretary of Health and Human Services will promulgate regulations to establish a formula for allocating the payments and will submit an annual report to the legislature detailing the allocation and recipients of the payments.

Health and Social Services

https://malegislature.gov/Bills/191/H1188