Fiscal Note - State of Utah - 2013 General Session
SB0166S02 - Hospital Assessment Amendments
State Government (UCA 36-12-13(2)(b)):
This bill appropriates $6,300,600 in FY 2013 and $5,500,000 ongoing beginning in FY 2014 from the Hospital Provider Assessment Special Revenue Fund to the Department of Health from FY 2014 through FY 2016. In future years for every 0.1% change below 70.13% for the federal matching assistance percentage in Medicaid, there will be $154,000 less restricted revenues from hospital assessments available to the Department of Health to offset Medicaid mandatory expenditures. These restricted revenues would need to be replaced with General Fund. Additionally, if restricted revenue collections for any year from FY 2013 through FY 2016 were less than $46,956,700, then these revenues would need to be replaced with General Fund.
This bill also generates ongoing restricted revenues from hospital assessments for the Department of Health of $46,956,700 and federal funds of $107,043,300 beginning in FY 2014 through FY 2016. These revenues would be used to pay the $154 million into the accountable care organization rate structure. For FY 2013 this bill generates restricted revenues of $6,300,600 and $14,431,900 in federal funds.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue: | |||
| Federal Funds | $14,431,900 | $107,043,300 | $107,043,300 |
| Restricted Funds | $6,300,600 | $46,956,700 | $46,956,700 |
| Total Revenue | $20,732,500 | $154,000,000 | $154,000,000 |
| Expenditure: | |||
| Federal Funds | $14,431,900 | $107,043,300 | $107,043,300 |
| Restricted Funds | $6,300,600 | $5,500,000 | $5,500,000 |
| Total Expenditure | $20,732,500 | $112,543,300 | $112,543,300 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $41,456,700 | $41,456,700 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $0 |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs for local governments.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable costs for individuals. Some private hospitals will experience increased revenues and some will experience decreased revenues as compared to FY 2013. The $46,956,700 in restricted revenues comes from an assessment on hospitals from FY 2014 through FY 2016.
Performance Note Required? (Joint Rule 4-2-404): No
| 2/22/2013, 3:58:44 PM, Lead Analyst: Frandsen, R./Attny: AKJ | Office of the Legislative Fiscal Analyst |