Section R. 418.101101 - Calculation and revision of payment ratio for Michigan hospitalsRule 1101.
(1) The workers' compensation agency shall annually calculate and revise, under the provisions of 1969 PA 306, MCL 24.201 et seq. the payment ratios for all Michigan hospitals. The calculation shall be made using a hospital's most recent fiscal year information that is submitted to the Michigan department of health and human services, hospital and clinic reimbursement division, preceding each annual calculation. The information used shall be that reported to the Michigan department of health and human services on the hospital's statement of patient revenues and operating expenses, G2 worksheet. The workers' compensation agency shall complete the payment ratio calculation when the figures are available from the Michigan department of health and human services and shall annually provide the hospital ratio calculations on the agencys website, www.michigan.gov/wca.(2) The workers' compensation agency shall calculate a hospital's cost-to-charge ratio by dividing each hospitals total operating expenses by total patient revenues as reported on the hospital's statement of patient revenues and operating expenses, G2 worksheet.Mich. Admin. Code R. 418.101101
1998-2000 AACS; 2004 AACS; 2005 AACS; 2017 MR 1, Eff. 1/13/2017