CHA News Article

Hospitals Will Receive 100 Percent of Cycle 9 Fee-For-Service Payments

The California Department of Health Care Services has received 96 percent of fees from hospitals for cycle 9 of the 30-month hospital fee program. However, due to a small reserve remaining from the fees collected in the last cycle of managed care, hospitals can expect to receive 100 percent of the projected cycle 9 supplemental Medi-Cal fee-for-service payments on Nov. 19.

The California Health Foundation & Trust (CHFT) will send invoices Nov. 15 to hospitals with a net benefit for the amount of the pledge contribution due for the ninth cycle. Instructions for wiring payments will be included. Pledge contributions should be made to CHFT no later than Nov. 22 to ensure CHFT can make grants in a timely manner.