KRS § 164.0404 — KY Code / Title XIII / Chapter 164 / Section 164.0404
164.0404 Healthcare program incentive -- Administrative regulations -- Incentive application process and requirements
Status: reserved

164.0404 Healthcare program incentive -- Administrative regulations -- Incentive

application process and requirements.

(1) The council shall reserve up to thirty-five percent (35%) of all net moneys in the

Kentucky healthcare workforce investment fund for healthcare program incentives

to reward performance and excellence among eligible healthcare programs. Any

appropriation applied towards the amount of a healthcare program incentive award

shall be matched, at least dollar for dollar, with moneys deposited to the fund by the

healthcare partner.

(2) The council shall promulgate administrative regulations to establish criteria for

issuing healthcare program incentives. The criteria shall consider the following

factors:

(a) The workforce demands and capacity for a specific eligible healthcare

credential;

(b) The workforce demands and capacity for a specific eligible healthcare

credential within historically underserved counties;

(c) The percentage of increase over a baseline standard in the number of students

completing the healthcare program;

(d) The passage rate and first-time passage rate of graduates of the healthcare

program on the healthcare credential examination; and

(e) Any other objective factors determined by the council to be relevant to the

evaluation of the performance and excellence of the healthcare programs and

the ability of the healthcare programs to meet the workforce needs of the

communities they serve.

(3) (a) The council, or its designee, shall solicit, accept, and review applications for

healthcare program incentives by healthcare programs located in Kentucky.

The council, or its designee, shall select the healthcare programs to receive

healthcare program incentives and the amount thereof based on the criteria

established by this section, administrative regulations, and a grantor of

dedicated funds, if applicable.

(b) A healthcare partner that is the grantor of dedicated funds may reserve the

right to require the council, or its designee, to collaborate with the healthcare

partner in fulfilling the duties assigned under paragraph (a) of this subsection

for any healthcare program incentive funded by the grantor's dedicated funds,

except an incentive shall not be:

1. Awarded to a healthcare program that has gifted, granted, or donated

any moneys to the fund that are dedicated funds reserved for the purpose

of issuing incentives under this section; or

2. Restricted to a specific healthcare program or pursuant to criteria which

would have the impact of effectively excluding all but a single

healthcare program from qualification.

(c) Decisions of the council, or its designee, in these matters shall be final.

(4) The council shall require the healthcare program to submit proof that the entire

amount of the incentive is invested in the continued excellence of the program

awarded by funding the:

(a) Education, recruitment, and training of the healthcare program's faculty and

staff; or

(b) Maintenance and acquisition of medical equipment utilized by the healthcare

program.

A healthcare program that fails to submit the proof required by the council shall

return the entire amount of the incentive to the Kentucky healthcare workforce

investment fund.