Funding Formula for Eligible Beneficiaries

Funding Formula for Eligible Beneficiaries 1. Eligible Beneficiaries may be eligible for funds up to a certain amount under this Program, following submission and evaluation of a formal application for funding, based upon the following initial funding criteria. A. Each licensed hospital that has fewer than one hundred (100) licensed beds and that is not classified as a critical access hospital that operates an emergency department is eligible to receive up to Six Hundred Twenty-five Thousand Dollars ($625,000) to defray the costs of providing emergency department services, if such hospital submits an application for funding with proof of negative economic impact as required by the Program Rules and Regulations. A hospital is not eligible to receive funding unless it has submitted a formal application with all required information and supporting documentation, and that application has been reviewed and deemed eligible under Program guidelines. B. Each rural hospital that has fewer than one hundred (100) licensed beds and that is classified as a critical access hospital that operates an emergency department is eligible to receive up to Five Hundred Thousand Dollars ($500,000) to defray the costs of providing emergency department services, if such hospital submits an application for funding with proof of negative economic impact as required by the Program Rules and Regulations. A hospital is not eligible to receive funding unless it has submitted a formal application with all required information and supporting documentation, and that application has been reviewed and deemed eligible under Program guidelines. C. Each hospital that operates an emergency department and that has more than one hundred (100) licensed beds is eligible to receive up to One Million Dollars ($1,000,000), if such hospital submits an application for funding with proof of negative economic impact as required by the Program Rules and Regulations. A hospital is not eligible to receive funding unless it has submitted a formal application with all required information and supporting documentation, and that application has been reviewed and deemed eligible under Program guidelines. D. Each hospital with fewer than two hundred (200) licensed beds with the majority of such beds being dedicated to providing specialty services such as women’s health services, long-term acute care, rehabilitation, or psychiatric services is eligible to receive up to Five Hundred Thousand Dollars ($500,000), if such hospital submits an application for funding with proof of negative economic impact as required by the Program Rules and Regulations. A hospital is not eligible to receive funding unless it has submitted a formal application with all required information and supporting documentation, and that application has been reviewed and deemed eligible under Program guidelines. E. Each rural hospital with fewer than one hundred (100) licensed beds with no emergency department is eligible to receive up to Three Hundred Thousand Dollars ($300,000) to defray the costs of providing access to hospital care in rural communities, if such hospital submits an application for funding with proof of negative economic impact as required by the Program Rules and Regulations. A hospital is not eligible to receive funding unless it has submitted a formal application with all required information and supporting documentation, and that application has been reviewed and deemed eligible under Program guidelines. 2. In addition to the funds listed above, each small rural hospital with fifty (50) beds or less which operated an emergency department is eligible to receive up to Two Hundred Fifty Thousand Dollars ($250,000) to defray the costs of providing access to hospital care in rural communities, if such hospital submits an application for funding with proof of negative economic impact as required by the Program Rules and Regulations. 3. A hospital is not eligible to receive funding unless it has submitted a formal application with all required information and supporting documentation, and that application has been reviewed and deemed eligible under Program guidelines. 4. In the event funds remain available after the close of the Program’s initial application period, and funding of all Eligible Beneficiaries, MSDH will work directly with the Mississippi Legislature to develop a plan for allocating any remaining program funds in compliance with federal regulations.