Current through 2024-46, November 13, 2024
Subsection 144-101-III-67-23 - INTERIM, SUBSEQUENT, AND PROSPECTIVE RATES23.1Interim Rate and Subsequent Year Rates. Fifteen (15) days prior to the beginning of the State fiscal year, an interim rate will be established by using the fixed cost component of the latest audited cost report and adding to it the inflated routine cost components of the base year. The interim rate in subsequent fiscal years will be determined in the same manner as outlined above. The direct cost component is computed as specified in Principle 22.3.4.23.2Fixed costs may be adjusted upon request of the provider when sufficient documentation (determined by the DHHS) has been provided to the Department. These adjustments will be effective with the next issuance of an interim rate.23.3Prospective Rate. The prospective rate, excluding fixed costs, shall be calculated to be 100 percent (100%) of all of the calculated Direct Care Cost Components and all of the Routine Cost Components. C.M.R. 10, 144, ch. 101, ch. III, 144-101-III-67, subsec. 144-101-III-67-23