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Hernando County adopts Local Provider Participation Fund assessment change; hospitals outline expected returns
Summary
The Hernando County Board of County Commissioners unanimously adopted a resolution to set a 1.48% assessment on gross outpatient revenue as part of the Local Provider Participation Fund; hospital representatives said the fund will boost Medicaid shortfall reimbursements and projected county-wide returns.
The Hernando County Board of County Commissioners on June 20 adopted a resolution to implement changes to the Local Provider Participation Fund (LPPF), approving an assessment set at 1.48% of gross outpatient revenue and asking that the resolution take effect immediately.
County OMB Director Albert Bertram presented the item, tied to Legistar file 16032, saying the LPPF “was established with a resolution adopted in 2021, ordinance 20 21 20, 20 21 16.” He told commissioners there is no direct budgetary impact to Hernando County because funds flow from local hospitals through the county to the state for disbursement.
The change approved by the board sets the assessment rate at 1.48% of gross outpatient revenue and requests an immediate effective date. Commissioners Champion moved to adopt the resolution and Commissioner Amsler seconded. The roll-call vote recorded Commissioners Amsler, Alaka, Champion and Vice Chairman Campbell as voting aye; the motion carried. The…
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