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HCPF reports Chase board raised hospital supplemental payments to 99.25% of UPL, adding $54 million retroactively
Summary
HCPF told the JBC the Chase board approved increasing hospital supplemental payments from roughly 97% to 99.25% of the Upper Payment Limit, resulting in $54 million in additional net hospital reimbursements for the past two federal fiscal years and an expected $19 million annual increase going forward.
The Health Care Policy and Financing Department told the Joint Budget Committee that the hospital provider fee program (the CHASE or HAF fee program described in departmental materials) has been adjusted to increase hospital supplemental payments to 99.25% of the Upper Payment Limit (UPL), boosting net hospital reimbursements.
CFO Bettina Schneider said that historically CHASE‑funded supplemental payments were calculated to reach about 97% of the UPL. In December, HC PUF collected additional fee revenue and made supplemental…
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