Requires DHS to study ways to increase collaboration among certain Statewide entities to optimize federal and State Medicaid resources; appropriates $250,000.*

This bill requires New Jersey's Department of Human Services (DHS) to create a framework within 180 days for state academic institutions, healthcare providers (including Level 1 trauma centers), and Medicaid managed care organizations to work together more effectively. The goal is to optimize federal and state Medicaid funding to improve healthcare quality across the state. The bill appropriates $250,000 from the state General Fund to support this effort and directs DHS to seek necessary federal Medicaid waivers to maintain reimbursement for related expenses. It directly affects DHS, healthcare providers, academic institutions, and Medicaid managed care organizations in New Jersey.