Bill > H1144

This bill aims to increase transparency and fairness in hospital profits and Medicaid reimbursements in Massachusetts. Key provisions include: 1) Imposing a civil penalty on hospitals that accept state funds and have an annual operating margin exceeding 8%. 2) Imposing a civil penalty on hospitals that pay their CEO more than 100 times the minimum compensation of the facility's lowest-paid full-time employee. 3) Requiring hospitals that accept state funds to report all their financial assets, including those held outside the U.S., to the Center for Health Information and Analysis, which must make this information public. 4) Establishing a Medicaid Reimbursement Enhancement Fund, funded by the penalties collected under the bill, to improve Medicaid reimbursement rates for eligible hospitals. The bill also grants the Health Policy Commission authority to promulgate regulations to implement and enforce these provisions, and includes severability and effective date clauses.

Health and Social Services

https://malegislature.gov/Bills/191/H1144