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Bill > HB562


NM HB562

Independent Health Provider Reimbursement


summary

Introduced
02/20/2025
In Committee
03/12/2025
Crossed Over
Passed
Dead
03/22/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE HEALTH CARE AUTHORITY TO INCREASE MEDICAID REIMBURSEMENT FOR INDEPENDENT RURAL HEALTH CARE PROVIDERS.

AI Summary

This bill appropriates $3 million from the state's general fund to the Health Care Authority specifically to increase Medicaid reimbursement rates for independent rural health care providers during fiscal year 2026. The funding is designated to support healthcare providers in rural areas by providing them with higher payment rates for Medicaid services, which can help improve access to medical care in underserved regions. Any funds that remain unspent or uncommitted by the end of fiscal year 2026 will be returned to the general fund, ensuring responsible use of state resources. This targeted appropriation aims to address potential financial challenges faced by independent healthcare providers in rural areas by providing additional financial support through increased Medicaid reimbursement rates.

Committee Categories

Health and Social Services

Sponsors (6)

Last Action

HHHC: Reported by committee with Do Pass recommendation (on 03/12/2025)

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