12 Va. Admin. Code § 30-70-321

Current through Register Vol. 41, No. 2, September 9, 2024

Section 12VAC30-70-321 - Hospital specific operating rate per day

A. The hospital specific operating rate per day shall be equal to the labor portion of the statewide operating rate per day, as determined in subsection A of 12VAC30-70-341, times the hospital's Medicare wage index plus the nonlabor portion of the statewide operating rate per day.

B. For rural hospitals, the hospital's Medicare wage index used in this section shall be the Medicare wage index of the nearest metropolitan wage area or the effective Medicare wage index, whichever is higher.

C. Effective July 1, 2008, and ending after June 30, 2010, the hospital specific operating rate per day shall be reduced by 2.683%.

12 Va. Admin. Code § 30-70-321

Derived from Virginia Register Volume 16, Issue 18, eff. July 1, 2000; amended, Virginia Register Volume 23, Issue 19, eff. July 1, 2007; Volume 24, Issue 26, eff. October 15, 2008; Volume 26, Issue 12, eff. March 17, 2010; Amended, Virginia Register Volume 33, Issue 12, eff. 3/8/2017.

Statutory Authority: § 32.1-325 of the Code of Virginia; 42 USC § 1396 et seq.