N.M. Admin. Code § 8.313.3.14 - ADJUSTMENTS TO BASE YEAR COSTS
Since rebasing of the prospective per diem rate will take place every three years, the HCA recognizes that certain circumstances may warrant an adjustment to the base rate.
Therefore, the provider may request such an adjustment for the following reasons:
A. Additional
costs incurred to meet new requirements imposed by government regulatory
agencies, taxation authorities, or applicable law (e.g. minimum staffing
requirements, minimum wage change, property tax increases, etc.)
B. Additional costs incurred as a result of
uninsurable losses from catastrophic occurrences.
C. Additional costs of approved expansion,
remodeling or purchase of equipment.
D. Such additional costs must reach minimum
of $5,000 for facilities with 16 or more beds and $1,000 for facilities with 15
or less beds, of incurred cost per year for rebasing to be considered. The
provider may request consideration of such rebasing no more than twice in its
fiscal year. The provider is encouraged to submit such rebasing requests before
the cost is actually incurred if possible. The HCA will approve or disapprove
the rebasing request in a timely manner. If the rebasing is approved, the
resulting increase in the prospective per diem rate will go into effect:
(1) beginning with the month the cost was
actually incurred if prior approval was obtained, or
(2) no later than 30 days from the date of
receipt of the request if retroactive approval was obtained. At no time will
rebasing in excess of any applicable ceilings be allowed.
Notes
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