2005 Session

Budget Amendments - SB700 (Committee Approved)

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Increase Inpatient Hospital Rates by One Percent

Item 326 #48s

Item 326 #48s

First Year - FY2005 Second Year - FY2006
Health And Human Resources
Medical Assistance Services, Department of FY2005 $0 FY2006 $3,516,400 GF
FY2005 $0 FY2006 $3,516,400 NGF

Page 301, line 51, strike "$4,730,530,852" and insert "$4,737,563,652".
Page 317, line 25, strike "76" and insert "77".
Page 317, line 26, strike "$12,738,900" and insert "$16,255,300".
Page 317, line 28, strike "$12,738,900" and insert "$16,255,300".

(This amendment provides $3.5 million from the general fund and an equal amount of federal Medicaid funding the second year to increase the payment adjustment factor for inpatient hospital services by one percent, in effect reimbursing hospitals for 77 percent of their costs instead of 76 percent. The introduced budget also included a one percent increase in the adjustment factor.)