A hospital fee included in the Indiana state budget is expected to generate $100 million in federal funds to hospitals in the state, according to an Indianapolis Business Journal report.
The law, approved in April by state legislators, would assess hospitals approximately $200 million each year in order to draw increased federal matching funds, which would be redistributed to the hospitals though higher Medicaid payments.
A committee must now work out the specific details of the fee plan, which will need approval by CMS.
Read the Indiana Business Journal report on the Indiana hospital fee.
Read related articles on hospital provider fees:
Missouri Senate Votes to Extend Hospital Taxes
Connecticut's Governor Pushes for Hospital Tax
West Virginia Legislature Passes Hospital Fee
The law, approved in April by state legislators, would assess hospitals approximately $200 million each year in order to draw increased federal matching funds, which would be redistributed to the hospitals though higher Medicaid payments.
A committee must now work out the specific details of the fee plan, which will need approval by CMS.
Read the Indiana Business Journal report on the Indiana hospital fee.
Read related articles on hospital provider fees:
Missouri Senate Votes to Extend Hospital Taxes
Connecticut's Governor Pushes for Hospital Tax
West Virginia Legislature Passes Hospital Fee