Current through Register Vol. 49, No. 7, July, 2024
Rule 016.06.05-074 - Rate Increase for Under 16 Bed ICF/MR FacilitiesB. Intermediate Care Facilities for the Mentally Retarded - Continued 3. Under 16 Beds: a. Small ICF/MR facilities certified as having 15 beds or fewer will be reimbursed on a prospective uniform class rate system. An inflationary adjustment, determined by the Division to be reasonable and adequate, will be applied to the existing rates and will be implemented by State Plan amendment as warranted by analysis of cost report data. Cost reports will be submitted annually for the preceding calendar year (January 1 - December 31) and will be reviewed prior to establishing new rates. The Division has established the per diem rate of $166.83 for dates of service beginning July 1, 2005. This 3.1% increase in per diem rate is based on the CMS Market Basket forecast for nursing home index as an inflation factor.b. Overpayment/Underpayments Overpayment/underpayments resulting from Section 1-12 administrative errors shall be handled through the vendor payment by recouping overpayments and reimbursing underpayments.
016.06.05 Ark. Code R. § 074