Bill > A5169

This bill adds language to the Fiscal Year 2025 Appropriations Act that allows licensed hospitals or health care entities to transfer General Fund appropriations to the Division of Medical Assistance and Health Services, with the goal of maximizing federal Medicaid payments to faculty physicians and non-physician professionals. These transfers would be made in accordance with Centers for Medicare and Medicaid Services (CMS) guidelines and require approval from the Director of the Division of Budget and Accounting. The bill is specifically tied to the Medicaid Access to Physician Services (MAPS) program, which was established to improve access to primary and specialty care services following the Affordable Care Act's Medicaid expansion. By enabling these transfers, the bill seeks to support enhanced reimbursement rates for physician practices affiliated with New Jersey's public medical and dental schools, ensuring these practices receive compensation similar to what private insurers would pay for the same services. The transfer mechanism is designed to help healthcare entities leverage federal funding more effectively while maintaining the quality and accessibility of medical services.

Health and Social Services

https://www.njleg.state.nj.us/bill-search/2024/A5169