Sec. 17. (a) The department shall place an approved eligible program provider that does not meet:
(1) the minimum program performance standards described in section 16 of this chapter; or
(2) any other requirements under this chapter;
on probationary status for the remainder of the applicable state fiscal year.
(b) If an approved eligible program provider is placed on probationary status for two (2) consecutive years, the:
(1) eligible program provider is no longer approved to participate in the program; and
(2) department shall remove the eligible program provider from the approved eligible program provider list.