Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
DPH to calculate management reserve as 5% of key revenues; commission approves policy change
Summary
CFO Jenny Louie proposed, and the Health Commission approved, changing the DPH revenue-management-reserve calculation to 5% of budgeted Medi‑Cal, Medicare and patient revenues over the approved two‑year budget, clarifying deposit and withdrawal rules and creating a predictable reserve.
The Health Commission voted to approve a policy change that sets the Department of Public Health’s revenue-management reserve as 5% of budgeted Medi‑Cal, Medicare and patient revenues over the approved two‑year budget period.
CFO Jenny Louie explained the revision simplifies an earlier approach that attempted to enumerate individual revenue risks. Under the new formula, the controller will…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
