The House Concurrent Resolution No. by Representative McFarland aims to establish a hospital stabilization formula in Louisiana to enhance the availability and funding of inpatient and outpatient hospital services. The resolution seeks to protect rural hospitals, minimize the financial burden on insured patients due to the costs of uninsured care, and create a sustainable funding model for Medicaid hospital programs without relying on state general funds. It outlines a hospital assessment structure that will be levied quarterly, with specific rates determined based on hospital types and their reported revenues. Certain small and rural hospitals will be exempt from these assessments.

Additionally, the resolution mandates reimbursement enhancements for hospitals that comply with the assessment, including directed payments and a commitment to maintain reimbursement rates at or above current levels. The Louisiana Department of Health is tasked with implementing these provisions, submitting necessary amendments to federal agencies, and providing regular public reports on the financial impacts of the new assessment and reimbursement structures. This initiative is designed to ensure the financial stability of hospitals while improving healthcare access for Louisiana residents.