Current through Register 1536, December 6, 2024
Section 5.06 - Criteria for Awarding GrantsThe Executive Director shall evaluate all applications that meet all of the minimum requirements listed in 958 CMR 5.03 using the following criteria:
(1) The financial health of the qualified acute hospital and the demonstrated need for investment, taking into account all resources available to the particular provider including the relationship or affiliation of the particular provider to a health care delivery system and the capacity of the system to provide financial support for the acute hospital; provided that, in assessing financial health, the commission shall take into account days cash on hand, net working capital and earnings before income tax, payer mix, uncompensated care, and depreciation and amortization, and access to working capital, using data reported to the Center.(2) The anticipated return on investment, as measured by improved health care coordination and a reduction in health care costs;(3) Whether the investment will support innovative health care delivery and payment models as identified by the health care policy commission;(4) Geographic need and population need;(5) Demonstrated ability to implement the operational changes described in the application in response to requirements set forth in 958 CMR 5.03(2); and(6) Any other criteria specified in the RFP.