To amend title XVIII of the Social Security Act to promote the efficient use of capital by hospitals under the Medicare Program.
Medicare Hospital Capital Efficiency Promotion Act of 1999 - Authorizes the Secretary of Health and Human Services, for cost reporting periods and discharges occurring on or after October 1, 2004, to reduce by up to 25 percent the capital payments under title XVIII (Medicare) of the Social Security Act for a hospital located in a hospital catchment area, with certain exceptions, if: (1) the hospital bed ratio for the area for that type of hospital is higher than the national average hospital bed ratio for that type of hospital; and (2) the average hospital occupancy rate for the hospital is below the average hospital occupancy rate for that type of hospital.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Health.
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