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, based on specific percentages of hospitals' net patient revenues, and includes provisions for exemptions for certain small and rural hospitals.

Additionally, the resolution mandates the Louisiana Department of Health to implement reimbursement enhancements for hospitals, contingent upon the approval of a directed payment arrangement by the Centers for Medicare and Medicaid Services. It requires the department to publish details of the reimbursement enhancements and assessments on a public platform, ensuring transparency. The resolution also allows the department to submit necessary amendments to state plans and develop regulations to facilitate the implementation of these provisions, aiming to improve the financial sustainability of the Medicaid hospital program and enhance healthcare access for low-income and uninsured residents in Louisiana.