DOH Issues Nursing Home Capital FAQs
Nursing home providers can now access an archived version of the capital rate setting webinar that the Department of Health (DOH) presented on July 13, 2017. The recording, slides, and a Frequently Asked Questions (FAQ) document addressing follow-up questions are posted on the nursing home cost report section of the Health Commerce System (HCS). The FAQ document is also available here.
In addition, DOH has posted an updated Equity Withdrawal Form and accompanying Dear Administrator Letter (DAL). State law requires facilities to obtain DOH approval when withdrawing equity or transferring assets that exceed 3 percent of total reported annual revenue. Providers seeking approval must submit the form, also available here, as specified in the DAL.
Contact: Darius Kirstein, email@example.com, 518-867-8841