16 Del. Admin. Code § 3325-2.0

Current through Register Vol. 28, No. 5, November 1, 2024

Section 3325-2.0 - Purpose and Scope

2.1 The purpose of this regulation is to detail the Department of Health and Social Services' (DHSS) authority to monitor the financial capability of licensed long term care (LTC) providers. It details the level of information that must be provided by the licensee, or potential licensee, under various circumstances. It also defines when and in what form the Department will require the submission of audited financial statements reporting the financial position and the results of operations of facilities by accountants.

2.2 Every facility (as defined in 16 Del.C. § 1102(4)) licensed to provide care for more than three (3) residents shall be subject to this regulation, with the exception of state owned/operated facilities. Facilities licensed to provide care for 3 or fewer residents licensed as Family Care Homes shall only be required to submit documentation demonstrating financial capability as required by DHSS in Section 13.0 of these regulations.

2.3 This regulation shall not prohibit, preclude or in any way limit DHSS from ordering, conducting or performing examinations of facilities under the rules and regulations of the Delaware Department of Health and Social Services and the practices and procedures of its regulations.

16 Del. Admin. Code § 3325-2.0

23 DE Reg. 45( 7/1/2019) (final)