Tennessee SB0264 amends tax relief provisions to certify unreimbursed costs of healthcare providers as charitable contributions.

Tennessee SB0264 amends Tennessee Code Annotated, Title 67, Chapter 4, to redefine "unreimbursed costs" for healthcare providers participating in TennCare. These costs are the difference between 125% of the average federal Medicaid reimbursement rate and the TennCare reimbursement rate. TennCare must certify these unreimbursed costs as charitable contributions for tax purposes, provided the provider pays a $25 fee. Group practices must pay $25 per provider. TennCare will issue a statement of these contributions by January 31 of the following year.

Tennessee SB0264 amends tax relief provisions to certify unreimbursed costs of healthcare providers as charitable contributions.

Tennessee SB0264 amends Tennessee Code Annotated, Title 67, Chapter 4, to redefine "unreimbursed costs" for healthcare providers participating in TennCare. These costs are the difference between 125% of the average federal Medicaid reimbursement rate and the TennCare reimbursement rate. TennCare must certify these unreimbursed costs as charitable contributions for tax purposes, provided the provider pays a $25 fee. Group practices must pay $25 per provider. TennCare will issue a statement of these contributions by January 31 of the following year.