New providers who have not submitted a cost report and who are entering the program for the first time will be required to submit a budgeted cost report from which an interim prospective operating rate will be set. Each new provider must submit, in accordance with rule 1200-13-9-.04 an actual cost report covering the first full year of actual operations, at which point a final prospective operating rate, with a retroactive adjustment, will be used. A change of ownership does not constitute a new provider. The budgeted cost report will also be used to estimate interim payments for capital, direct medical education, and return on equity.
Tenn. Comp. R. & Regs. 1200-13-09-.12
Authority: T.C.A. §§ 71-5-105, 71-5-109 and 4-5-202.