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Bill > HB251
MS HB251
CON; increase minimum dollar amounts of capital expenditures that require issuance of.
summary
Introduced
01/10/2025
01/10/2025
In Committee
01/10/2025
01/10/2025
Crossed Over
Passed
Dead
02/04/2025
02/04/2025
Introduced Session
2025 Regular Session
Bill Summary
An Act To Amend Section 41-7-173, Mississippi Code Of 1972, To Increase The Minimum Dollar Amounts Of Capital Expenditures And Major Medical Equipment That Require The Issuance Of A Certificate Of Need; And For Related Purposes.
AI Summary
This bill amends Section 41-7-173 of the Mississippi Code to increase the minimum dollar amounts that trigger a Certificate of Need (CON) review for capital expenditures and major medical equipment. Specifically, the bill raises the threshold for major medical equipment from $1.5 million to $1.725 million, and adjusts capital expenditure limits for clinical health services from $5 million to $5.75 million, and for nonclinical health services from $10 million to $11.5 million. These amounts will be adjusted for inflation as published by the State Department of Health. A Certificate of Need is a regulatory process that requires healthcare providers to obtain approval from the state before making significant investments in medical facilities or equipment. The purpose of this bill is to update the financial thresholds that trigger CON review, potentially reducing the regulatory burden on healthcare providers by raising the monetary limits at which such reviews are required. The changes will take effect on July 1, 2025, providing healthcare facilities and providers time to prepare for the new thresholds.
Committee Categories
Health and Social Services
Sponsors (1)
Last Action
Died In Committee (on 02/04/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0251.xml |
BillText | https://billstatus.ls.state.ms.us/documents/2025/html/HB/0200-0299/HB0251IN.htm |
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