Guam § 97103 - Allocations and Use of Funds; Authorized.

§ 97103. Allocations and Use of Funds; Authorized.

(a) Up to sixty percent, of the funds in the GMHA Healthcare Trust

and Development Fund, shall be allocated to the Guam Memorial Hospital

Authority for the purpose of subsidizing the establishment and operation, in

whole or part, including as seed or start-up money, of an Urgent Healthcare

Center within the Guam Memorial Hospital Authority facility and grounds.

The fees collected pursuant to this Article shall be annually allocated and is

hereby appropriated, and shall continue to be deemed appropriated, annually,

to the Guam Memorial Hospital Authority for the sole and specific purpose

of subsidizing the establishment and operation, in whole or part, including as

seed or start-up money, of an Urgent Healthcare Medical Center within the

Guam Memorial Hospital Authority facility and grounds. This shall continue

and shall remain in full force and effect until specifically revoked or

amended pursuant to law.

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(b) Up to forty percent of the funds in the GMHA Healthcare Trust

and Development Fund shall be allocated to the Guam Memorial Hospital

Authority for the purpose of subsidizing its delivery of healthcare services.

The fees collected pursuant to this Subsection (b) shall be annually allocated

and is hereby appropriated, and shall continue to be deemed appropriated,

annually, to the Guam Memorial Hospital Authority for the sole and specific

purposes outlined below:

(1) local matching funds for the Medicaid program, specifically

for patients seen and treated at the Guam Memorial Hospital Authority;

(2) in an effort to free up cash flow for other expenses of the

Authority, funds from this Subsection (b) may be used as additional

debt service payments for any existing borrowing by the Authority;

(3) funding for the establishment of new revenue generating

medical services; and

(4) funding for medication, supplies, and medical equipment.

(c) Fees received, pursuant to this § 97103, shall not be subject to the

transfer authority of I Maga’lahen Guåhan, nor may they be expended for

purposes not specifically provided for pursuant to this Chapter.