Adds language authorizing transfer of General Fund appropriations for certain licensed health care entities to Division of Medical Assistance and Health Services to maximize federal Medicaid payments to certain faculty physicians and non-physician professionals.

This bill allows licensed hospitals and healthcare entities in New Jersey to transfer certain state funds to the Division of Medical Assistance and Health Services. The goal is to maximize federal Medicaid payments specifically for faculty physicians and non-physician professionals working at public medical/dental schools. It authorizes these transfers under existing federal Medicaid guidelines (MAPS program), requiring approval from the state budget director. This change directly affects public medical school-affiliated providers who serve Medicaid patients.