The fee is expected to generate $152 million, which would attract an additional $269 million in federal matching funds. Fees would be recouped by the hospitals through higher Medicaid reimbursements.
Some Republicans opposed the measure, arguing it would lead to more federal spending, according to the report.
The bill now moves to the House.
Read the Forbes report on the Oklahoma hospitals’ provider fees.
Read related articles on hospital provider fees:
North Carolina Legislature Approves Hospital Provider Fee
Colorado Hospital Provider Fee Continues
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
