55 Pa. Code § 1187.60 - Prudent buyer concept

The purchase or rental by a nursing facility of services, movable property and supplies, including pharmaceuticals, may not exceed the cost that a prudent buyer would pay in the open market to obtain these items, as described in the Medicare Provider Reimbursement Manual (CMS Pub. 15-1).

Notes

55 Pa. Code § 1187.60
The provisions of this § 1187.60 amended February 8, 2002, effective 7/1/2001, 32 Pa.B. 734.

This section cited in 55 Pa. Code § 1187.61 (relating to movable property cost policies).

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