§ 32.1-338. Distribution of fund moneys
A. The fund shall compensate a hospital for such hospital's charity care percent less the charity care standard as follows:
1. The payment to each hospital shall be determined as the standard subtracted from each hospital's charity care percent, multiplied by each hospital's gross patient revenues, multiplied by each hospital's cost-to-charge ratio and multiplied by a percentage not to exceed sixty percent.
2. That portion of a hospital's charity care percent which is below the disproportionate share shall be paid from the total amount of the contribution.
3. That portion of a hospital's charity care percent which is above the disproportionate share shall be paid solely from general fund moneys as provided by the General Assembly in the appropriations act.
B. Each hospital eligible to receive a fund payment may elect to return such payment or a portion thereof to the fund to be used at the discretion of the Board, upon the recommendation of the Technical Advisory Panel, for the purpose of establishing pilot health care projects for the uninsured.
C. Money voluntarily contributed or donated to the fund by private or public sources, including local governing bodies, for the purpose of subsidizing pilot health care projects for the uninsured shall not be included in the calculations set forth in this section.
(1989, cc. 635, 747; 1990, cc. 859, 873; 1993, c. 194; 1994, c. 466; 1995, c. 333.)
Sections: Previous 32.1-332 32.1-333 32.1-334 32.1-335 32.1-336 32.1-337 32.1-338 32.1-339 32.1-340 32.1-341 32.1-342 NextLast modified: April 3, 2009