Louisiana Revised Statutes 40:1248.7 – Local provider participation fund; authorized uses
Terms Used In Louisiana Revised Statutes 40:1248.7
- Department: means the Louisiana Department of Health. See Louisiana Revised Statutes 40:1248.1
- Institutional provider: means a nongovernmental hospital licensed in accordance with the Hospital Licensing Law, Louisiana Revised Statutes 40:1248.1
- Paying hospital: means an institutional provider required by the provisions of this Subpart to make a local hospital assessment payment. See Louisiana Revised Statutes 40:1248.1
- Program: means the local healthcare provider participation program authorized by this Subpart. See Louisiana Revised Statutes 40:1248.1
A. Each parish that collects a local hospital assessment payment authorized by this Subpart or in which a rural institutional provider is located shall create a local provider participation fund. All income received by a parish pursuant to the provisions of this Subpart, including the revenue from local hospital assessment payments remaining after discounts and fees for assessing and collecting the payments are deducted, shall be deposited in the local provider participation fund of the parish. Monies in the fund may be withdrawn only in accordance with and for purposes specified in the provisions of this Section.
B. The local provider participation fund of a parish shall consist of the following monies:
(1) All revenue received by the parish attributable to local hospital assessment payments authorized by this Subpart, including any penalties and interest attributable to delinquent payments.
(2) Monies received from the department as a refund of an intergovernmental transfer from the parish to the state for the purpose of providing the nonfederal share of Medicaid base rate payments, provided that the intergovernmental transfer does not receive a federal matching payment.
(3) Sums which the parish elects to deposit.
(4) The earnings of the fund.
C. Monies in the local provider participation fund may be used only for one or more of the following purposes:
(1) To fund intergovernmental transfers from a parish to the state to provide the nonfederal share of a program of Medicaid payments for the benefit of rural institutional providers or other hospitals in the parish authorized under the Medicaid state plan.
(2) To pay the administrative expenses of a parish associated exclusively with activities authorized by this Subpart in an amount not to exceed five percent of the local hospital assessment payment.
(3) To refund a portion of a local hospital assessment payment collected in error from a paying hospital.
(4) To refund to paying hospitals the proportionate share of money received by a parish from the department that is not used to fund the nonfederal share of Medicaid payment program payments described in Paragraph (1) of this Subsection.
D. Money in the local provider participation fund shall not be commingled with other parish funds.
Acts 2020, No. 330, §1.