The tax, which has been in place since 2009, would have expired in June without a renewal. MHA President and CEO Sam Cameron said the tax provides stability for Medicaid funding, according to the report.
The tax generates approximately $200 million annually, which is multiplied nearly three times by federal matching funds, according to the report.
Related Articles on Hospital Provider Fees:
Indiana Hospital Assessment Expected to Generate $100M in Federal Funds
Ohio Legislation Will Use Hospital Franchise Fee to Avoid Medicaid Payment Cuts
Oklahoma Senate Approves Hospital Provider Fee
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