Due dates; health care delivery and access assessment;

directed payments. A. Except as provided in Subsection B of this section, a hospital shall pay the health care delivery and access assessment to the taxation and revenue department as follows: (1) for the period from July 1, 2024 through December 31, 2024: (a) sixty percent of the assessment by March 10, 2025; and (b) forty percent of the assessment by May 10, 2025; and (2) for calendar year 2025 and thereafter: (a) fifteen percent of the assessment seventy days after the end of each calendar quarter; and (b) forty percent of the assessment by May 10 of the subsequent year. B. If approval by the centers for medicare and medicaid services of the medicaid- directed payment program for that year has not been received by the health care delivery and access assessment's due date, the due date for the assessment shall be forty-five days after such approval is received. C. In the event that approval by the centers for medicare and medicaid services has not been received in time for a hospital to pay the health care delivery and access assessment by the dates set out in Subsection A of this section, the authority shall notify the taxation and revenue department of the date that such approval is received, of the dates on which the assessments are now due and that no interest or penalty on the assessment shall accrue prior to those due dates. D. The authority shall make directed payments to a managed care organization as follows: (1) for the period beginning on July 1, 2024 and ending on December 31, 2024, the authority shall transfer the uniform rate increase funding to a managed care organization in one installment by March 15, 2025 and the quality incentive payment by May 15, 2025; and (2) for calendar years 2025 and thereafter, the authority shall transfer the uniform rate increase funding to the managed care organization on a quarterly basis no later than seventy-five days after the end of the quarter and the quality incentive payment by May 15 of the subsequent calendar year. E. The authority shall require a managed care organization to make directed payments to hospitals no more than fifteen days after receipt of such payments from the authority.