HEALTH CARE GRANTS & STABILIZATION

Added eligibility for grants to stabilize existing health care services when those services are at risk of reduction or closure.

Added detailed definitions for 'rural health care facility' and 'rural health care provider' that specify service locations in counties with 100,000 or fewer residents, high-needs geographic health professional shortage areas, or tribally operated facilities.

Added definition for 'operating losses' as the projected difference between recognized revenue and allowable costs for a grant request period.

Added requirement that grant recipients must provide adequate cost data based on an approved method of cost finding using accrual accounting and verified through claims review.

Added requirement that grant award amounts be reconciled by the authority to audited operating losses after the close of the grant period.

Added commitment requirements for rural health care providers receiving grants, including a period of operation equivalent to the number of years grants are awarded and active service to medicaid recipients throughout the grant period.

Clarified that the fund is created as a nonreverting fund in the state treasury consisting of appropriations, gifts, grants, donations, income from investment, and other revenue credited to the fund.