Bill > H4530

This bill is a fiscal year 2025 supplemental appropriations act designed to provide financial support to healthcare institutions in Massachusetts. The bill appropriates $122 million for fiscally strained hospitals, with specific allocation criteria based on factors like public payer mix, relative price, and operating margins. Hospitals will receive payments calculated using their Medicaid gross patient service revenue, with distinct funding brackets for different categories of hospitals. The bill mandates that at least $16.5 million go to a non-state public hospital system, $10 million to a specific community hospital in Middlesex county, and requires hospitals to report how they intend to use the funds. Additionally, the bill provides $35 million for community health centers experiencing financial strain, with $2.5 million specifically allocated to the Massachusetts League of Community Health Centers for technical assistance. The bill also directs the comptroller to transfer $77 million from the Commonwealth Care Trust Fund to the Health Safety Net Trust Fund. The legislation is framed as an emergency measure necessary for immediate public convenience, with funds available through fiscal year 2026.

House Committee on Ways and Means (H)

https://malegislature.gov/Bills/194/H4530