Bill > HCR2

This concurrent resolution provides a comprehensive framework for a hospital stabilization formula in Louisiana, aimed at preserving and enhancing hospital services while creating a sustainable funding mechanism. The resolution authorizes the Louisiana Department of Health to levy quarterly assessments on hospitals, with different assessment rates based on hospital type, including long-term acute care, psychiatric, rehabilitation, and acute care hospitals. The assessment rates range from 1.38% to 6.74% of hospitals' inpatient and outpatient net patient revenue, with specific exemptions for rural, small urban private, and certain specialized hospitals. The resolution seeks to create a directed payment arrangement approved by the Centers for Medicare and Medicaid Services (CMS) that will provide reimbursement enhancements for hospital services, maintain current reimbursement rates, and potentially expand medical assistance program coverage. Key objectives include minimizing the cost shift to insured patients, protecting rural hospitals, creating funding flexibility, and establishing a financially sustainable Medicaid hospital program without relying on state general funds. The Louisiana Department of Health is required to publish detailed quarterly reports on payments and claims, ensuring transparency in the implementation of this hospital stabilization formula.

Budget and Finance

https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=HCR2&sbi=y