Major Moveable Equipment expenses are expenses to be included in the costs of each center at historical depreciation costs (for both owned and capitalized leased equipment) plus a price level replacement cost premium and operating lease expenses. Interest expense incurred through purchase or capitalized leases of Major Moveable Equipment shall not be included with Major Moveable Equipment costs since the use of price level depreciation of such equipment for the financial elements is intended to replace this financial requirement of hospitals and provide adequate funds to replace equipment at the expiration of useful life.
N.J. Admin. Code § 10:52-6.24
See: 31 New Jersey Register 3151(a), 32 New Jersey Register 276(a).
Former N.J.A.C. 10:52-6.24, Non-Medical and Non-Surgical Supplies, recodified to N.J.A. 10:52-6.22.
Amended by R.2005 d.214, effective 7/5/2005.
See: 37 New Jersey Register 436(a), 37 New Jersey Register 2506(a).
Substituted "expenses" for ", as defined in N.J.A.C. 10:52-6.8" preceding "are expenses to be included" and deleted ", as discussed in N.J.A.C. 10:52-6.8" preceding "and operating lease expenses".