HB450 Alabama 2018 Session

This bill would create the Rural Hospital Transformation and Stability Act

This bill would establish the Alabama Rural Hospital Global Budget Board and would authorize the board to implement a pilot global budget program, which would support the continued sustainability and transformation of rural hospitals and health care in Alabama

This bill would provide stable funding to eligible rural hospitals that apply for and are accepted into the program, through a global payment from participating public and private insurers and surrounding communities

This bill would also provide that participating hospitals receive support in achieving population health outcomes, access and quality targets, financial targets, and other measures

Relating to health care; to create the Rural Hospital Transformation and Stability Act and establish and provide for the membership and authority of the Alabama Rural Hospital Global Budget Board; to provide criteria for rural hospitals to participate in the global budget program; to provide for participation by public and private insurers; and to establish global payments for participating hospitals.