Proposed DE hospital levy could generate millions in federal funds for Medicaid

DELAWARE – Medicaid could be getting a major shot in the arm in the First State. The Protect Medicaid Act of 2024 would levy a 3.58% tax on the net patient revenues of Delaware’s acute-care and behavioral health hospitals. “That will then be matched with the federal funding,” said bill sponsor State Senator Sarah McBride. “The hospitals will then be made whole, so that none of the costs of that up front investment will be passed on to patients, and that will leave a pot of a bit more than...