12 Va. Admin. Code § 30-90-39

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

Section 12VAC30-90-39 - Purchases of nursing facilities (NF)

A. In the event of a sale of a NF, the purchaser must have a current license and certification to receive DMAS reimbursement as a provider and must notify DMAS of the sale within 30 days of the date legal title passes to the purchaser. The notification shall include:

1. That a sale or transfer is about to be made or has already occurred;

2. The location and general description of the property;

3. The names and addresses of the transferee and transferor and all such business names and addresses of the transferor for the last three years.

B. The seller must file a final cost report within 150 days of the date of the facility sale.

12 Va. Admin. Code § 30-90-39

Derived from Virginia Register Volume 17, Issue 18, eff. July 1, 2001.

Statutory Authority

§ 32.1-325 of the Code of Virginia and Item 319 (II) of Chapter 1073 of the 2000 Acts of Assembly.