The House Concurrent Resolution No. by Representative McFarland aims to establish a hospital stabilization formula in Louisiana to enhance the availability and sustainability of inpatient and outpatient hospital services. The resolution seeks to protect rural hospitals, minimize the financial burden on insured patients due to uninsured care, and create a reliable funding source for healthcare services without relying on state general funds. It outlines a hospital assessment framework 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, and any changes to the assessment must be ratified by the Joint Legislative Committee on the Budget.

Additionally, the resolution mandates reimbursement enhancements for hospitals once the assessment is implemented. This includes directed payments based on a uniform percentage increase methodology for both acute and post-acute hospitals, as well as ensuring that reimbursement rates are no less than those in effect from January 1, 2024. The Louisiana Department of Health is tasked with publishing relevant data on reimbursement enhancements and submitting necessary amendments to federal authorities to implement the resolution's provisions. Overall, the resolution aims to create a structured approach to hospital funding that supports healthcare access and financial stability in Louisiana.