D.C. Mun. Regs. r. 22-A8010
Applicants or providers that are in financial distress and at risk of imminent closure represent a risk both to individuals served by the Department and the behavioral health system. The Department shall not certify any applicant or re-certify any provider without evidence that the applicant or provider has sufficient financial resources (e.g., ability to provide at least ninety (90) calendar days of running capital as dictated by the provider's monthly operating budget) to carry out its commitments and obligations under this chapter for the foreseeable future. The provider shall have adequate financial resources to deliver all required services and shall provide documented evidence at the time of certification and recertification that it has adequate resources to operate behavioral health stabilization program. Documented evidence shall include Federal and District tax returns, including Form 990s for nonprofit organizations, for the three (3) most recent tax reporting years, and a current financial statement.
A provider shall have fiscal management policies and procedures and keep financial records in accordance with generally accepted accounting principles.
A provider shall include adequate internal controls for safeguarding or avoiding misuse of individual or organizational funds.
A provider shall have a uniform budget of expected revenue and expenses as required by the Department. The budget shall:
A provider shall have the capacity to determine direct and indirect costs for each type of service provided.
The provider shall conspicuously post and make available to all a written schedule of rates and charges.
Fiscal reports shall provide information on the relationship of the budget to actual spending, including revenues and expenses by category and an explanation of the reasons for any substantial variance.
Providers shall correct or resolve all adverse audit findings prior to recertification.
A provider shall have policies and procedures regarding:
All business records pertaining to costs, payments received and made, and services provided to individuals shall be maintained for a period of ten (10) years or until all audits and ongoing litigations are complete, whichever is longer.
All providers must maintain proof of liability insurance coverage, which must include malpractice insurance of at least three million dollars ($3,000,000.00) aggregate and one million dollars ($1,000,000.00) per incident and comprehensive general coverage of at least three million dollars ($3,000,000.00) per incident that covers general liability, vehicular liability, and property damage. The insurance shall include coverage of all personnel, consultants, or volunteers working for the provider.
D.C. Mun. Regs. r. 22-A8010