Synopsis
This Senate Amendment amends House Substitute No. 2 for House Bill No. 350, as amended by House Amendment No. 1, as follows: • Replaces the temporary reference pricing provision with a cost growth containment measure already in use for some health care services. • Specifies that there must be at least 1 member of the Board from each county. • Provides clarification regarding submissions of hospital financial information. • Requires the Board to promulgate regulations clarifying the process and factors to be considered for performance improvement plans. • Adds clarifying provisions regarding the manner and timing of public hearings for each hospital to present its budget, and performance improvement plan where applicable. • Removes the penalty provision for hospitals who fail to adhere to a budget that was approved or modified by the Board. • Requires that the Delaware Economic and Financial Advisory Council (DEFAC) Health Care Spending Benchmark Subcommittee, which sets the spending benchmark, consider revisions to its methodology and make a report recommending any changes to DEFAC by December 31, 2024.