Section 58 Hospital Assessment 15

Subsection (b) of section 69 of said chapter 118E of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by adding the following sentence:-

All reimbursements from the fund financed by any monies transferred from the Safety Net Provider Trust Fund established in section 2AAAAA of chapter 29 or the Hospital Investment and Performance Trust Fund established in section 2SSSSS of chapter 29 in any fund fiscal year shall be applied to reduce such shortfall unless no shortfall exists in that fund fiscal year.

This section, along with twenty others, implements an increased and restructured hospital assessment that divides hospitals into five groups, assigning two different rates for each group (inpatient and outpatient), for a five-year term.