The 2024-25 California Spending Plan: Health

Sep 17, 2024 - Trailer bill legislation enacted in August 2024 (Chapter 999 of 2024 [AB  177, Committee on Budget]) creates a new directed payment methodology for MLK Hospital. The new methodology is to ensure that the hospital ’s aggregate managed care payment for inpatient services is at least 72  percent of projected costs.
https://lao.ca.gov/Publications/Report/4930

The 2024-25 Budget: Department of Health Care Access and Information

Feb 27, 2024 - As part of early action trailer bill legislation (Chapter  6 of 2023 [AB  112, Committee on Budget]), the Legislature created the Distressed Hospital Loan Program. The program provides interest-free loans to public and private nonprofit hospitals experiencing financial distress.
https://lao.ca.gov/Publications/Report/4860