Current with legislation from 2024 Fiscal and Special Sessions.
Section 20-10-1602 - Calculation of quality assurance fee(a) There is levied a quality assurance fee on nursing facilities to be calculated in accordance with subsection (b) of this section.(b)(1) The quality assurance fee shall be an amount determined each month by multiplying the patient days, as reported by each nursing facility for each day of the month, by the multiplier.(2) Each multiplier shall be: (A) Calculated by the Division of Medical Services to produce an aggregate annual quality assurance fee payment equal to six percent (6%) of the aggregate annual gross receipts; and(B) Subject to prospective adjustment as necessary for annual aggregate quality assurance payments to equal six percent (6%) of the aggregate annual gross receipts.(c)(1) Between March 9, 2001, and June 30, 2001, the multiplier shall be five dollars and twenty-five cents ($5.25).(2)(A) On and after July 1, 2001, and annually thereafter, the multiplier shall be determined using the patient days and gross receipts reported to the division for a period of at least six (6) months and shall be annualized.(B) The division shall determine the six-month period to be used in order to calculate the multiplier.