12 Va. Admin. Code § 30-70-331
Current through Register Vol. 41, No. 2, September 9, 2024
Section 12VAC30-70-331 - Statewide operating rate per caseA. The statewide operating rate per case shall be equal to the base year standardized operating costs per case, as determined in 12VAC30-70-361, times the inflation values specified in 12VAC30-70-351 times the adjustment factor specified in subsection B of this section.B. The adjustment factor shall be determined separately for Type One and Type Two hospitals: 1. For Type One hospitals the adjustment factor shall be a calculated percentage that causes the Type One hospital statewide operating rate per case to equal the Type Two hospital statewide operating rate per case;2. For Type Two hospitals the adjustment factor shall be: a. 0.7800 effective July 1, 2006, through June 30, 2010.b. 0.7500 effective July 1, 2010, through September 30, 2010.c. 0.7800 effective October 1, 2010.C. The operating rate for critical access hospitals shall be based on an adjustment factor of 1.0, effective July 1, 2019.12 Va. Admin. Code § 30-70-331
Derived from Virginia Register Volume 16, Issue 18, eff. July 1, 2000; amended, Virginia Register Volume 20, Issue 22, eff. August 11, 2004; Volume 21, Issue 6, eff. July 1, 2005; Volume 21, Issue 20, eff. July 14, 2005; Volume 23, Issue 20, eff. August 25, 2007; Volume 27, Issue 19, eff. July 1, 2011; Amended, Virginia Register Volume 36, Issue 08, eff. 1/8/2020.Statutory Authority: § 32.1-325 of the Code of Virginia; 42 USC § 1396 et seq.