| SB 1240 | Requires the division of medical services to annually recalculate the Medicaid nursing home reimbursement amount |
| Sponsor: | Steelman | |||
| LR Number: | 4951S.01I | Fiscal Note: | 4951-01 | |
| Committee: | Aging, Families and Mental Health | |||
| Last Action: | 03/12/02 - Hearing Conducted S Aging, Families & Mental Health | Journal page: | ||
| Committee | ||||
| Title: | ||||
| Effective Date: | July 1, 2002 | |||
SB 1240 - This act requires the Division of Medical Services to annually recalculate the Medicaid nursing home reimbursement amount. The recalculated amount of a nursing home can not be reduced below the rate allowed at the initial recalculation for the first three years following recalculation. The recalculated amount shall not be less than $90 per day. When recalculating the reimbursement rate of any facility, the Division of Medical Services may not apply a minimum utilization adjustment greater than the current statewide average occupancy minus three percent.
This act will be effective on July 1, 2002 and recalculated
rates will be effective on January 1, 2003.
ERIN MOTLEY