Bill > HCR3

This concurrent resolution establishes a hospital stabilization formula in Louisiana, aiming to preserve and enhance hospital services, protect rural hospitals, and create a stable funding source for healthcare without using state general funds. It outlines a system where hospitals will pay assessments based on their inpatient and outpatient net patient revenue, with specific rates varying by hospital type and revenue level, though certain hospitals like rural facilities and small private acute care hospitals are exempt. These assessments are contingent on approval from the Centers for Medicare and Medicaid Services (CMS) for a "directed payment arrangement," a method of paying healthcare providers. In return for these assessments, hospitals will receive reimbursement enhancements, including payments through the directed payment arrangement, potential expansion of Louisiana's Medicaid program to maximize federal funds, and a guarantee of reimbursement rates no less than those in effect from January 1, 2026. The Louisiana Department of Health is tasked with implementing these provisions, reporting on the financial data, and submitting necessary state plan amendments to CMS.

Budget and Finance

https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=HCR3&sbi=y