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 uninsured care, and create a sustainable funding model for healthcare services without relying on state general funds. It outlines a hospital assessment structure that will be levied quarterly, contingent upon approval from the Centers for Medicare and Medicaid Services (CMS), and specifies the rates for various types of hospitals based on their net patient revenue.

Additionally, the resolution mandates reimbursement enhancements for hospitals that comply with the assessment, including the implementation of directed payment arrangements for inpatient and outpatient services. The Louisiana Department of Health is tasked with publishing relevant data on reimbursement enhancements and submitting necessary amendments to CMS to facilitate the resolution's provisions. Overall, the resolution aims to create a more efficient and effective healthcare funding system in Louisiana, ensuring that hospitals can continue to provide essential services to residents.