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House Approves Fee on Hospital Revenue (May 11, 2011)

OKLAHOMA CITY (AP) — The Oklahoma House has given final approval to legislation that will generate more than $420 million to help reimburse hospitals for medical care provided to low-income and disabled Oklahomans.

House members voted 80-15 Wednesday for the Senate-passed measure and sent it to Gov. Mary Fallin to be signed into law.

The bill authorizes a fee of 2.5 percent on the net revenues of 77 Oklahoma hospitals to be used to draw matching federal Medicaid funds. The fee would generate about $152 million and the money would then be used to access an additional $269 million in federal matching funds to reimburse hospitals that provide health services to Medicaid patients.

Rep. Doug Cox of Grove authored the bill and says Oklahoma hospitals currently lose money by providing services to Medicaid patients.

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