Legislators in Louisiana State have set a new law concerning coordinated care networks. The Louisiana Department of Health and Hospitals implemented regulations for its Medicaid program regarding coordinated care networks; they are organized health care delivery systems which are meant to enhance access to care services. Any networks functioning under a “shared savings model” are required to obtain a surety bond to guarantee the management fee for the network. The Louisiana Department of Health and Hospitals will establish the required bond amount.
Eric is the Webmaster of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog.