Transparency - Medicaid Enhancement Tax

The Medicaid Enhancement Tax ("MET") was enacted in 1991. The tax is assessed on the net patient services revenue of every hospital at a rate of 5.4% for the taxable period ending June 30, 2017, and forward. The taxable period is the 12-month period beginning July 1 and ending June 30. Taxpayers make a nonbinding estimate of the projected tax payment on or before January 15th and a return accompanied by final payment of the tax due on or before April 15th.