SB0394 - Tennessee: Hospitals And Health Care Facilities

Hospitals and Health Care Facilities - Places moratorium on issuance of certificates of need for new nursing home beds for fiscal year beginning July 1, 2007, through fiscal year ending June 30, 2011. - Amends TCA Title 68, Chapter 11, Part 16.

State Expenditures - Cost Avoidance: FY 08 - $1,727,400 FY 09 - Exceeds $1,727,400 FY 10 - Exceeds $1,727,400 FY 11 - Exceeds $1,727,400 Other Fiscal Impact - Federal Expenditures - Cost Avoidance: FY 08 - $3,030,600 FY 09 - Exceeds $3,030,600 FY 10 - Exceeds $3,030,600 FY 11 - Exceeds $3,030,600 Forgone Revenue - FY 08 - $222,500 / Nursing Home Bed Tax FY 09 - $222,500 / Nursing Home Bed Tax FY 10 - $222,500 / Nursing Home Bed Tax FY 11 - $222,500 / Nursing Home Bed Tax