SB4012

Illinois SB4012 amends Medicaid reimbursement rates for hospitals, adjusting payment rates based on inpatient utilization rates.

Illinois SB4012 modifies Medicaid reimbursement rates for hospitals, adjusting payments based on inpatient utilization rates. The bill specifies that hospitals reopening within four years of closure will retain their previous rates until new utilization data is available. It also details different adjustment payment rates for hospitals based on their Medicaid inpatient utilization rates, with higher rates for those with higher utilization.