7-HC Budget 2026.pdf
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- Attached to
- Request for Proposal - Banking Services
- Solicitation number
- Not on record
- Issued by
- Luzerne County, Pennsylvania
About this file
This is a 2026 budget estimation document for the healthcare operations of the Lycoming-Clinton Joinder Board, a Pennsylvania-based health consortium. The budget projects total revenues of approximately $68.55 million, with the primary revenue source being HC Capitation Claim Revenue of $68.15 million, supplemented by minimal income from IT services, interest, miscellaneous sources, and rental properties. The budget encompasses the full fiscal year 2026 and reflects the organization's anticipated financial position for that period.
Total projected expenses are $67.2 million, with medical expenses representing the largest category at $66.06 million, including healthcare claims ($49.83 million), CBCM expenses ($334,050), HC administration ($3.42 million), and MCO assessment fees ($12.48 million). Personnel expenses total $724,249 and cover wages, benefits, insurance, and staff development. Operating expenses of $418,838 include administrative, technology, client services, and professional services costs such as accounting, auditing, actuarial services, and legal fees. The budget projects a net surplus of $1.35 million for 2026, indicating the organization anticipates positive financial performance. This budget document serves as the financial framework for the Lycoming-Clinton Joinder Board's banking services procurement, as the organization seeks qualified banking institutions to manage its depository accounts, electronic services, investments, and account maintenance operations efficiently and securely.
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Text version
LCHC 2026 Budget Estimation Revenues
HC-NON-41050 HC Capitation Claim Rev 68,152,459 HC-NON-44200 IT Services Sold Income 150 HC-NON-44250 Interest 360,000 HC-NON-44300 Miscellaneous Income 40,000 HC-NON-44350 Rental Income 1,920
Total Revenues 68,554,529
Expenses Medical Expense
HC-NON-53620 HC Claims Exp 49,829,088 HC-NON-53621 CBCM Expense 334,050 HC-NON-53630 HC Administration Exp - CCBH 3,418,442 HC-NON-53645 MCO Assessment Expense 12,477,500
Total Medical Expense 66,059,080
Personel Expense HC-NON-51100 Wages & Salaries 490,668 HC-NON-51200 Dental Insurance Exp ER 2,165 HC-NON-51205 Employee Health Insurance 148,056 HC-NON-51210 Employee Life Insurance 4,636 HC-NON-51215 Employee Other Exps 202 HC-NON-51230 Medicare Exp 7,115 HC-NON-51235 Retirement Exp 33,976 HC-NON-51240 Self Funded UnempComp Exp 590 HC-NON-51245 Soc. Security Exp 30,421 HC-NON-51250 Workmans Compensation Ins 2,359 HC-NON-51300 Insurance Buy Back 1,160 HC-NON-51315 Staff Development 2,902
Total Personel Expense 724,249
Operating Expense HC-NON-53100 Housekeeping Exp 5,243 HC-NON-53105 Insurance Exp 2,837 HC-NON-53110 Maint & Repair Equip/Buildings 1,139 HC-NON-53120 Rent Exp 22,955 HC-NON-53125 Utilities Exp 2,398 HC-NON-53200 Advertising 1,978 HC-NON-53205 Postage 587 HC-NON-53210 Printing & Duplicating 416 HC-NON-53214 Cable TV Service 67 HC-NON-53215 Telephone, Pagers, TV 3,630 HC-NON-53216 Cell Phones 3,695 HC-NON-53220 WAN Internet Connection 1,103
HC-NON-53225 Air Card-Remote Internet Connection 1 HC-NON-53301 Computer Software & Software Maintenance 35,429 HC-NON-53303 Software Upgrades for Existing PC 882 HC-NON-53304 IT Infrastructure(Security/virus) Licenses 2,925 HC-NON-53305 Computer Supplies 1,137 HC-NON-53310 Freight & S/H 44 HC-NON-53315 Office Equip Rental & Maint. 107 HC-NON-53319 IT Network Support & Maint. 160 HC-NON-53320 Office Supplies 907 HC-NON-53321 Minor Office Equipment & Furnishings 154 HC-NON-53405 Client Related Ed./Rec. & Rehab. Supplies 625 HC-NON-53420 Client Related Other Service Supplies 720 HC-NON-53430 HC Client Related Allowances 480 HC-NON-53500 HC Client Transportation 15,000 HC-NON-53501 HC Client Basic Needs Fund Expense 15,000 HC-NON-53504 HC Provider Training Expenses 45,000 HC-NON-53510 Staff Meals, Tolls etc 592 HC-NON-53515 Staff Travel / Mileage 3,738 HC-NON-53600 Purch Service-Provider Agency 71,975 HC-NON-53700 Accounting & Auditing 35,125 HC-NON-53705 Actuarial Services 55,950 HC-NON-53710 Administrative Consulting 40,000 HC-NON-53715 Legal Services 39,000 HC-NON-53910 Interest Exp 3 HC-NON-53915 Misc. Library, Subscriptions 860 HC-NON-53925 Other Operating 163 HC-NON-54000 Office Equipment & Furnishings 230 HC-NON-54021 IT Assets-Laptop Computers 3,594 HC-NON-54023 IT Assets-Network Printer 26 HC-NON-54028 IT Assets-Other Hardware 1,356 HC-NON-54029 Fixed Assets - IT - Database Server - Lease 217 HC-NON-54030 Fixed Assets - IT- Other Hardware - Lease 1,390
Total Operating Expense 418,838
Total Expenses 67,202,167
NET SURPLUS/(DEFICIT) 1,352,362
2026 Budget Estimate
File details come from the government source that posted it. Updated .