Adds language authorizing transfer of General Fund appropriations for certain licensed health care entities to Division of Medical Assistance and Health Services to maximize federal Medicaid payments to certain faculty physicians and non-physician professionals.
Impact
If enacted, S3916 will directly impact the state's Fiscal Year 2025 appropriations by supplementing the annual budget with provisions that facilitate the transfer of funds aimed at maximizing federal reimbursements. The financial benefit from improved federal payments could potentially enhance the quality and accessibility of healthcare services provided in New Jersey. The bill specifically addresses the Medicaid Access to Physician Services (MAPS) program, highlighting its role in increasing access to both primary and specialty care services for Medicaid beneficiaries, particularly following expansions under the Affordable Care Act.
Summary
Senate Bill S3916 aims to enhance funding mechanisms for certain licensed health care entities in New Jersey by allowing the transfer of General Fund appropriations to the Division of Medical Assistance and Health Services. This provision is designed to maximize federal Medicaid payments to both faculty physicians and non-physician professionals who are affiliated with licensed healthcare entities, thereby improving financial support within the state's healthcare infrastructure. The bill outlines that these transfers must comply with federal guidelines from the Centers for Medicare and Medicaid Services (CMS) and requires the approval of the Director of the Division of Budget and Accounting.
Contention
While the bill is aimed at improving healthcare funding, there may be points of contention regarding the prioritization of funds and the oversight required for the transfer process. Stakeholders could raise concerns over how these transfers might affect budget allocations for other health-related services or programs. Additionally, the stipulation for approval by the Division of Budget and Accounting may introduce a bureaucratic layer that some may argue could slow down necessary financial support for healthcare entities, impacting timely access to care for patients.
Adds language authorizing transfer of General Fund appropriations for certain licensed health care entities to Division of Medical Assistance and Health Services to maximize federal Medicaid payments to certain faculty physicians and non-physician professionals.
Medical Assistance rate adjustments for physician and professional services establishment, increasing rates for certain residential services, requiring a statewide reimbursement rate for behavioral health home services, and appropriations
Adds language authorizing transfer of General Fund appropriations for certain licensed health care entities to Division of Medical Assistance and Health Services to maximize federal Medicaid payments to certain faculty physicians and non-physician professionals.