NRS428.207. Hospital Assessment Account: Creation; assessments; reimbursement to hospitals; administration.

      1.  The Hospital Assessment Account, to be administered by the Board, is hereby created in the Fund. The interest and income earned on money in the Account, after deducting any applicable charges, must be credited to the Account.

      2.  If an agreement is entered into pursuant to NRS 428.206, each hospital in this State, other than a hospital certified as a critical access hospital by the Centers for Medicare and Medicaid Services of the United States Department of Health and Human Services, may be required by the Board to pay an annual assessment for deposit into the Account in an amount determined by the Board to be adequate to provide reimbursement or partial reimbursement to hospitals for uncompensated hospital care based upon the amount paid from the Account during the immediately preceding year.

      3.  Any money remaining in the Account at the end of a fiscal year that has not been committed for expenditure must be reimbursed to each hospital that paid an assessment pursuant to this section for that fiscal year in an amount proportional to the amount of the assessment paid by the hospital compared to the total amount of assessments collected.

      4.  Any assessments required pursuant to this section must be paid at such times as are established by the Board and must be deposited with the State Treasurer for credit to the Account.

      (Added to NRS by 2013, 2882)