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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) |