Rebuild America’s Health Care Schools Act of 2024
A BILL
To amend title XVIII of the Social Security Act to adjust allowable direct and indirect costs for nursing and allied health education programs.
Sec. 2 Adjusting allowable direct and indirect costs for nursing and allied health education programs
“(X)
“(i) In determining such reasonable costs for nursing and allied health education furnished by a hospital, beginning with respect to cost reporting periods beginning on or after the date of the enactment of the Rebuild America’s Health Care Schools Act of 2024, the Secretary shall include as reasonable costs all direct and indirect costs incurred by a hospital participating in a nursing and allied health education program licensed by State law or accredited by a national or regional professional organization, including costs that—
“(I) were directly incurred by the hospital;
“(II) were allocated to the hospital by a related entity holding the applicable State license or accreditation by a national or regional professional organization; or
“(III) were associated with the training of a program participant at the hospital or at a related entity.
“(ii) For purposes of clause (i), the term related entity means, with respect to a hospital, any entity that is related by common ownership or control to—
“(I) the hospital itself; or
“(II) an entity—
“(aa) in which the hospital (or another entity that is a related entity with respect to the hospital) is the sole corporate member;
“(bb) that is the sole corporate member of the hospital;
“(cc) that is part of the same legal entity as the hospital; or
“(dd) that shares a board with the hospital.”