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Aug 10, 2021 · Context

Board raises the 2021 LPPF hospital assessment from 2.45% to 6% at the hospitals' request

Adelanto Healthcare Ventures, on behalf of the local hospitals, asked the District to amend the LPPF rate for state fiscal year 2021 from 2.45% to 6% because of increased Medicaid spending and added state supplemental programs. Representatives of Northwest Texas Hospital and BSA spoke in favor at the public hearing, and the board approved the amended resolution unanimously.^[1]

What the sources say

✓ Verified
The amended 6% rate for state fiscal year 2021 had final payments due September 30, October 31 and November 30, 2021; in October the board moved the second and third due dates to December 2021 and January 2022 at the hospitals' request, citing cash flow challenges. ^[1]^[2]
Lppf rate
6%

Sources

1.Amarillo Hospital District Board of Managers minutes, August 10, 2021 — Amarillo Hospital District Board of Managers (via City of Amarillo CivicClerk), Oct 26, 2021 · retrieved Oct 22, 2026primarySubject-authoredPublished date is the approval date: approved at the Board meeting of October 26, 2021. Scanned minutes (OCR). LPPF rate amended from 2.45% to 6%; pension plan 96.1% funded at 10/1/2020; FY2021/22 budget.
2.Amarillo Hospital District Board of Managers minutes, October 26, 2021 — Amarillo Hospital District Board of Managers (via City of Amarillo CivicClerk), Feb 1, 2022 · retrieved Oct 22, 2026primarySubject-authoredPublished date is the approval date: approved at the Board meeting of February 1, 2022. Scanned minutes (OCR). BKD report on indigent care documentation; indigent care funding resolution ($1,925,041 per quarter); DSRIP funding up to $1,450,000; pension risk transfer contract.