The bill, signed May 26, increases fees for most healthcare providers, which lawmakers say will bring in $1.3 million in revenue per year.
The legislation raises hospital annual fees from $300 to up to $5,000 and decreases the CON application process by 75 days.
Additionally, mental health hospitals and hospital-based outpatient treatment centers for opioid addiction would be exempt and not require a certificate-of-need to open.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.