N.J. Admin. Code § 8:31B-4.6

Current through Register Vol. 56, No. 24, December 18, 2024
Section 8:31B-4.6 - Reporting period
(a) The basic reporting period is 12 consecutive calendar months, which may be either on a calendar or fiscal year basis at the hospital's option. Hospitals shall provide the Department six months notice of an intent to change the reporting period before implementing any revised reporting period or the Department will use the hospital's most recent, previously closed cost report for the purposes listed in N.J.A.C. 8:31B-4.1(b) adjusting the data as provided for in N.J.A.C. 8:31B-3.16, 3.66, and 3.67, as applicable.
(b) New hospitals beginning operations on any day other than January 1 must select an initial reporting period beginning on the first day of operation, through the last month preceding the end of the hospital's fiscal year. For example, a hospital using a calendar year reporting period and beginning operations August 15, 2001 would have an initial reporting period running from August 15, 2001 through December 31, 2001. Its next reporting period would then be January 1 to December 31.
(c) Each hospital's Acute Care Hospital Cost Report submission for the most recent reporting period is due on June 30 of the following calendar year. Failure to submit by this date will result in civil monetary penalties as stated in 8:31B-3.3.

N.J. Admin. Code § 8:31B-4.6

Amended by 50 N.J.R. 815(a), effective 2/5/2018