TITLE 77: PUBLIC HEALTH
CHAPTER II: HEALTH FACILITIES PLANNING BOARD
SUBCHAPTER b: OTHER BOARD RULES
PART 1250 APPROPRIATENESS REVIEW
SECTION 1250.2150 FINANCIAL VIABILITY


 

Section 1250.2150  Financial Viability

 

a)         Criteria #1:  Provision of the service should not adversely affect the financial viability of the institutions offering the service.

 

b)         Standard #1:  Revenue received for the service should be reasonably related to the cost of providing the service such that total service revenue approximates total service costs.

 

c)         Data Factors:

 

1)         Total Service Revenue.

 

2)         Total Service Cost.

 

d)         Criteria  #2:  Relationship of third-party reimbursement rates to the cost of providing the service.

 

e)         Standard #1:  Providers of the service should seek reimbursement service from third-party payors for the full reasonable cost of providing the service.

 

f)          Data Factors:

 

1)         Third party reimbursement rates.

 

2)         Reimbursement by type and level at institutions.

 

(Source:  Added at 5 Ill. Reg. 3214, effective March 18, 1981)