Hospitals, private hospital assessment and Medicaid funding program sunset clause removed.

This bill removes a sunset clause from Alabama’s hospital provider privilege tax program. Currently, the tax, which assesses a 6% fee on private hospital revenue, was set to expire. This legislation makes the tax permanent, ensuring it continues to provide funding for Medicaid programs. The bill also outlines specific provisions for determining hospital revenue and adjusting the assessment based on federal reimbursement rates and Medicaid Agency findings regarding adverse impacts.