(1) An assessment is imposed on each private hospital:
(a) beginning upon the later of:
(i) April 1, 2019; and
(ii) CMS approval of the assessment under this part;
(b) in the amount designated in Sections 26B-3-606 and 26B-3-607; and
(c) in accordance with Section 26B-3-604.
(2) The assessment imposed by this part is due and payable in accordance with Subsection 26B-3-604(4).