(A) The franchise permit fee rate shall be determined for each fiscal year as follows:
(1) Determine the estimated total net patient revenues for all nursing homes and hospital long-term care units for the fiscal year;
(2) Multiply the estimated total net patient revenues determined under division (A)(1) of this section by the lesser of the following:
(a) The indirect guarantee percentage;
(b) Six per cent.
(3) Divide the product determined under division (A)(2) of this section by the number of days in the fiscal year;
(4) Determine the sum of the following:
(a) The total number of beds in all nursing homes and hospital long-term care units that are subject to the franchise permit fee for the fiscal year;
(b) The total number of nursing home beds that are exempt from the franchise permit fee for the fiscal year because of the waiver obtained pursuant to section 5168.43 of the Revised Code.
(5) Divide the quotient determined under division (A)(3) of this section by the sum determined under division (A)(4) of this section.
(B) In determining the estimated total net patient revenues for all nursing homes and hospital long-term care units for a fiscal year, the department of medicaid shall use at least all of the following:
(1) Information from medicaid cost reports filed under section 5165.10 of the Revised Code that are the most recent at the time the determination is made;
(2) The projected total medicaid payment rates for nursing facility services for the fiscal year;
(3) The projected total number of medicaid days for the fiscal year.
Added by 130th General Assembly File No. 25, HB 59, §101.01, eff. 7/1/2013.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.