Alabama Statutes
§ 40-26B-61 — Payment in Timely Manner
Alabama·Title 40 Revenue and Taxation·Ch. 26B Providers of Medical Services Privilege Tax·Art. 4 Refunds and Disproportionate Share Payments to Hospitals
Any disproportionate share payment due a hospital shall be paid in a timely fashion. If the amount payable is not in dispute and is not paid by the Alabama Medicaid Agency within 30 days of the due date, interest on the amount due shall be charged. The interest rate shall be the legal amount currently charged by the state.
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Legislative History
(Acts 1993, No. 93-314, p. 471, §3(b).)
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