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 (S 2270) allows New Jersey hospitals and healthcare entities to transfer state funds to the Division of Medical Assistance to maximize federal Medicaid payments for faculty physicians and non-physician professionals affiliated with public medical/dental schools. It specifically enables these transfers under the MAPS program, which provides enhanced Medicaid reimbursement rates similar to private insurers for services delivered by public medical school-affiliated practices. The transfers must comply with federal Medicaid guidelines and require approval from the Director of Budget and Accounting. This policy change directly affects healthcare providers at public medical institutions by optimizing federal funding for their services.