Current through Register Vol. 64, No. 1, January 1, 2025
Section 411-029-0030 - Facility Statement of NeedSufficient information and financial records shall be submitted to the Department, in addition to the application form referenced in OAR 411-029-0040, and shall include each of the following:
(1) A written Facility Statement of Need that includes each of the following: (a) Written statement of how a potential closure of the facility would create a lack of access to care, particularly for low income and Medicaid beneficiaries in the area;(b) Written statement of steps taken to address current financial hardships, such as accessing reserve funds, being approved for the Enhanced Wage Add-on Program (OAR 411-027-0160), employed strategies to increase facility census, and recruiting and retaining permanent staff;(c) Written statement demonstrating how the facility plans to be financially sustainable in the future; and(d) Written statement of an amount that the facility is requesting to assist the facility out of financial hardship. This amount may not reflect the approved amount by the Department.(2) A copy of the following records from the facility and the parent corporation, if applicable:(a) Federal income tax return for the previous two years;(b) A current Working Trial Balance;(c) A current Income Statement; and(d) A current Cash Flow Statement.(3) Any other information or records that the Department may request to support a Facility's Statement of Need.Or. Admin. Code § 411-029-0030
APD 21-2022, temporary adopt filed 05/09/2022, effective 5/15/2022through 11/10/2022; APD 42-2022, temporary adopt filed 08/19/2022, effective 8/19/2022through 11/10/2022; APD 51-2022, adopt filed 11/04/2022, effective 11/7/2022Statutory/Other Authority: ORS 410.070
Statutes/Other Implemented: ORS 410.070