(a) Licensed long-term care facilities participating in the Title XIX cost reimbursement program for long-term care facilities which elect to install smoke or particle sensor devices shall claim reimbursement for approved purchase and installation costs over a five-year period on the annual statistical and financial report as required by the Office of Long-Term Care, in order to assure this state's receipt of federal financial participation.(b) The costs will be considered allowable for reimbursement purposes when capitalized over a five-year period and depreciated on a straight-line basis.(c) Reimbursement in these instances shall be made through the normal prospective rate-setting procedures based on historical cost report data.Acts 1979, No. 374, § 2; 1981, No. 570, § 2; A.S.A. 1947, § 82-848. (a) Licensed long-term care facilities participating in the Title XIX cost reimbursement program for long-term care facilities which elect to install smoke or particle sensor devices shall claim reimbursement for approved purchase and installation costs over a five-year period on the annual statistical and financial report as required by the Office of Long-Term Care, in order to assure this state's receipt of federal financial participation.(b) The costs will be considered allowable for reimbursement purposes when capitalized over a five-year period and depreciated on a straight-line basis.(c) Reimbursement in these instances shall be made through the normal prospective rate-setting procedures based on historical cost report data.Acts 1979, No. 374, § 2; 1981, No. 570, § 2; A.S.A. 1947, § 82-848.
Arkansas Legal Code