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07/10/2024
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07/10/2024
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Last modified
10/1/2024 10:08:24 AM
Creation date
10/1/2024 9:38:46 AM
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Meetings
Meeting Type
BCC Special Called Workshop
Document Type
Agenda Packet
Meeting Date
07/10/2024
Meeting Body
Board of County Commissioners
Subject
Budget Workshop Fiscal Year 2024/2025
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Medicaid Expense Summary <br />FY 24/25 compared to FY 23/24 <br />Fiscal Year <br />Fiscal Year 2024/25 Increase/ % Increase/ <br />2023/24 Budget Mandated (Decrease) (Decrease) <br />County Medicaid Annual Contribution (per AHCA) $1,768,972 $2,083,419 $314,447 17.78% <br />Less Hospital District Reimbursement III : <br />Percentage reimbursement per agreement <br />Hospital District Reimbursement amount <br />27.8% 27.8% <br />($491,774) ($579,190) ($87,416) 17.78% <br />Annual Medicaid Costs $1,277,198 $1,504,229 $227,03117.78% <br />Additional Funds in anticipation of increase as of July 1 $40,000 $40,000 $0 0.00% <br />Total Annual Medicaid Costs $1,317,198 $1,544,229 $227,031 17.24% <br />(1) Hospital District reimbursement is per agreement entered between the County and the Hospital District on Sept. <br />17, 2013 for a five-year initial term with automatic one-year renewals. <br />125 <br />
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