Rural Emergency Hospital Financial Stability Act

This bill clarifies that Medicaid must cover services provided by rural emergency hospitals, as defined in existing law. It amends the Social Security Act to specifically include "rural emergency hospital services" in Medicaid payments for outpatient care and adds coverage for nursing facility services provided within these hospitals. The changes take effect immediately upon enactment and require the Health and Human Services Secretary to issue final regulations within 12 months. The law directly affects rural emergency hospitals and their patients by ensuring Medicaid reimbursement for these specific services.