206-14 Wyo. Code R. §§ 14-6 - Rate Setting Process
(a) When
appropriate, the Department shall pay a daily tuition rate to each provider
facility to reimburse allowable education costs as determined by the
Department. The education daily tuition rates are calculated in part on the
audited and reported annual financial statement and cost report survey from
each facility.
(b) The Department
shall calculate in-state education daily tuition rate of existing facilities
using the following components:
(i) Each
facility submits annual audited financial statement and cost report
survey;
(ii) The data is normalized
for each facility's cost report survey to adjust for differences in fiscal year
vs. calendar year reporting;
(iii)
Administrative costs are analyzed and a median allowable value is determined
for each facility peer group;
(iv)
Administrative costs exceeding the median are excluded;
(v) Allowable education costs will be divided
by the actual reported educational days for each facility;
(vi) The base tuition rate is adjusted for
inflation to determine allowable daily tuition rate for each
facility;
(vii) The Department,
after reviewing and accepting the calculated allowable daily tuition rates,
will notify facilities of their approved rates on or before July 1 of each
school year.
(c) New
in-state facilities commencing operations after the annual rate setting period
ends will have a temporary rate set that is equal to the average of the
respective Wyoming instate peer group. This rate shall be recalculated after
the facility participates for the first time in the annual rate setting process
outlined in Section 6(a) of these rules.
(d) Out-of-state education daily tuition
rates for both new and existing out-of-state facilities are determined as
follows:
(i) If the state's governing
education body sets a provider rate, the Department will pay that rate. It is
the provider's responsibility to notify the Department of its state's rate and
any changes to it; or
(ii) The
facility rate will be the average of its Wyoming peer group rate. It will
follow the procedure for determining in-state rates set forth in Section 6(a)
of these rules.
(e)
Related and supplemental services rates are paid at the current Medicaid rates
or at rates determined by the Department using the Bureau of Labor Statistics
market data.
(f) The mileage rate
for transportation reimbursement is that authorized by the Wyoming
Governor.
(g) All claims must be
submitted for payment within one (1) year of services provided.
Notes
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