Section 439A.625 - Financial feasibility1. The applicant shall demonstrate that it will be able to operate in a manner which is financially feasible as a result of the proposed project without unnecessarily increasing the cost to the user or payor for health services provided by the applicant, by showing:(a) That it will become financially self-supporting within 3 years after completion; or(b) That the applicant's total facility will be financially self-supporting within this period or that the financial viability of the facility will not be adversely affected by the proposed project.2. The factors to be considered in determining whether an applicant has met its burden of proof include:(a) The ability of the applicant to obtain any required financing for the proposed project;(b) The extent to which the proposed financing may adversely affect the financial viability of the applicant's facility because of its effect on the long-term and short-term debt of the applicant;(c) The availability and degree of commitment to the applicant of the financial resources required to operate the proposed project until the project or the applicant's facility becomes financially self-supporting;(d) The relationship between the applicant's estimated costs of operation, proposed charges and estimated revenues;(e) The level at which the affected health services of the applicant must be used for the applicant to break even financially and the likelihood that those levels will be achieved;(f) Whether the applicant's projected costs of operation and charges are reasonable in relationship to each other and to the health services provided by the applicant; and(g) Whether the projected revenues to be received by the applicant are likely to be achieved, including the availability of anticipated revenues from federal, state or local governmental programs if the applicant will be eligible for reimbursement from those programs.Nev. Admin. Code § 439A.625
Added to NAC by Dep't of Human Resources, eff. 9-4-84; A 3-6-86; 11-10-87