If signed into law, the bill would increase fees for most healthcare providers — hospitals were raised from up to $300 to up to $5,000 — which lawmakers say will help bring in $1.3 million in revenue per year.
The bill would exempt more healthcare providers from needing to apply and makes it easier for hospitals to expand. It also proposes decreasing the certificate-of-need application process by 75 days.
Both the Tennessee House and Senate have passed the bill. It now awaits the signature of the House speaker and the governor.
