Section 12-15-32-4 - Reimbursement rate criteria; necessary factors The criteria for reimbursement under this chapter must include the following:
(1) The method of determining initial rates of reimbursement.(2) The method of determining the maximum rate of reimbursement.(3) The frequency of rate reviews.(4) The method of depreciating the buildings comprising the facilities.(5) The establishment of a maximum depreciation expense.(6) The inclusion of first aid supplies as a part of the room charge.(7) The establishment of maximum costs of equipment purchases or repairs that may be allowed as depreciation expenses.(8) The establishment of limitations on allowable interest expenses.(9) The establishment of a limit on the duration of financing.Pre-1992 Revision Citation: 12-1-7.3-2(b) part.
As added by P.L. 2-1992, SEC.9. Amended by P.L. 78-1994, SEC.3.