N.Y. Comp. Codes R. & Regs. Tit. 10 § 86-4.25 - Return on investment
(a) In
computing the allowable costs of a proprietary facility, there shall be
included an allowance for a reasonable return on the average equity capital
representing the owner's investment for the provisions of patient care. The
percentage to be used in computing the allowance shall be a rate determined
annually by the commissioner to be reasonably related to the then current money
market.
(b) Equity capital is the
net worth of the provider adjusted for those assets and liabilities which are
not related to the provision of patient care. Equity capital consists of the
provider's investment in plant, property and equipment, net of depreciation and
noncurrent debt related to the investment or deposited funds, and net working
capital for necessary and proper operation of patient care
activities.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.