(a) There is created within the state treasury an indigent health care risk fund to be administered by the commissioner of finance and administration, with the approval of the governor.
Terms Used In Tennessee Code 68-11-1102
Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(b) The fund shall allocate the total revenue received by the state pursuant to § 68-11-216, less such amounts for administrative costs as may be set forth in the general appropriations act, pursuant to rules and regulations that the commissioner is authorized to promulgate.(c) In allocating the funds in the indigent health care risk fund, consideration shall be given by the commissioner to:
(1) The relative amounts of bad debt, medically indigent and charity care provided by the hospitals;(2) The amount of government subsidies to the hospitals; and(3) Any other factor relating to indigent care as determined by the commissioner.
