RÉSUMÉ DIGEST ACT 743 (HB 868) 2024 Regular Session Egan New law declares that promoting efficiency and productivity of psychiatric hospitals and residential substance abuse facilities within the healthcare system is vital to the improvement and overall welfare of the residents in Louisiana. New law defines "department", "psychiatric hospital", and "residential substance abuse facility". New law requires the La. Dept. of Health (LDH) to evaluate the current standards for psychiatric hospitals and residential substance abuse facilities and make recommendations to the legislature for new or revised standards to improve health outcomes and provide for increased accountability. New law requires LDH to explore potential value-based financial incentives for Medicaid-enrolled psychiatric hospitals that sustain or exceed quality of care criteria. New law requires LDH to conduct an evaluation of the standards for psychiatric hospitals and residential substance abuse facilities and submit a report of its findings. New law further requires certain content for the report, which includes but is not limited to recommendations for new or revised standards to improve health outcomes, increase accountability, and recommend requirements for accreditation of psychiatric hospitals and residential substance abuse facilities. New law allows LDH to consult with any agency, department, board, commission, accreditation organization, or other healthcare group or association to conduct its review and prepare its report. New law requires LDH to submit its report and recommendations to the House and Senate committees on health and welfare on or before March 31, 2025. Upon its submission, the provisions of new law shall terminate. Effective August 1, 2024. (Adds R.S. 40:2115.1)