S. 703 — Introduced in Senate

II 118th CONGRESS 1st Session S. 703 IN THE SENATE OF THE UNITED STATES March 8, 2023Ms. Rosen (for herself and Mr. Boozman) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend title XVIII of the Social Security Act to make improvements to the redistribution of residency slots under the Medicare program after a hospital closes. 1. Short title This Act may be cited as the Physicians for Underserved Areas Act. 2. Improvements to the redistribution of residency slots under the Medicare program after a hospital closes (a) In general Section 1886(h)(4)(H)(vi) of the Social Security Act (42 U.S.C. 1395ww(h)(4)(H)(vi)) is amended— (1) in subclause (II)— (A) by striking item (cc) and redesignating item (dd) as item (cc); and (B) in item (cc), as redesignated under subparagraph (A)— (i) by striking Fourth and inserting Third; and (ii) by striking item (cc) and inserting item (bb); and (2) in subclause (III), by striking likelihood of filling and all that follows and inserting the following: “likelihood of— (aa) starting to utilize the positions made available under this clause within 2 years; and (bb) filling the positions made available under this clause within 5 years. . (b) Effective date The amendments made by subsection (a) shall apply to the redistribution of residency slots with respect to hospitals that close on or after the date of enactment of this Act.