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LPPF assessment set at the 6% maximum; indigent care payments to stay flat to 2036
The board raised the LPPF assessment from 4.17% to 6%, the maximum, for state fiscal year 2024 after the hospitals' representative cited two new federally approved programs; the chief financial officers of Northwest Texas Hospital and BSA spoke in favor. It also approved the annual indigent care funding resolution, with four quarterly payments flat at $1.9 million that staff said would stay flat through 2036, and Public Health funding of up to $2.0 million.[1]
What the sources say
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Adelanto HealthCare Ventures said two new programs approved by CMS gave hospitals increased eligibility for federal dollars and that it expected the rate to float between four and six percent in future years; the board approved 6% unanimously. [1]
- Lppf rate
- 6%
