Section 182-502-0018 - Change of ownership(1) A provider must notify the medicaid agency in writing within seven calendar days of ownership or control changes of any kind. An entity is considered to have an ownership or control interest in another entity if it has direct or indirect ownership of five percent or more, or is a managing employee (e.g., a general manager, business manager, administrator, or director) who exercises operational or managerial control over the entity or who directly or indirectly conducts day-to-day operations of the entity. The agency determines whether a new core provider agreement (CPA) must be completed for the new entity.(2) When a provider obtains a new federal tax identification (ID) following a change of ownership, the agency terminates the provider's CPA as of the date of the change in federal tax ID. The provider may reapply for a new CPA.(3) All new ownership enrollments are subject to the requirements in WAC 182-502-0010. In addition to those requirements, the applicant must: (a) Complete a change of ownership form;(b) Provide the agency with a copy of the contract of sale identifying previous and current owners; and(c) Provide the agency with a list of all provider numbers affected by the change of ownership.Wash. Admin. Code § 182-502-0018
Amended by WSR 15-14-039, Filed 6/24/2015, effective 7/25/201511-14-075, recodified as §182-502-0018, filed 6/30/11, effective 7/1/11. Statutory Authority: RCW 74.08.090, 74.09.080, and 74.09.290. 11-11-017, § 388-502-0018, filed 5/9/11, effective 6/9/11.