Historical operating costs definition
Historical operating costs means the allowable operating costs incurred by the facility during the report year immediately preceding the rate year for which the established rate becomes effective.
Historical operating costs means the allowable operating costs incurred by the facility during the reporting year immediately preceding the rate year for which the payment rate becomes effective, after the department has reviewed those costs and determined them to be allowable costs under the medical assistance program, and after the department has applied appropriate limitations such as the limit on administrative costs.
Historical operating costs means the allowable costs of operating a treatment or care center during the reporting year in compliance with licensing standards prescribed by the department but does not include an annual return on investment in fixed assets related to client care.
More Definitions of Historical operating costs
Historical operating costs means the allowable operating costs incurred by the facility