HHSC has proposed a rule change for 1TAC §355.306 regarding final cost reports for changes of ownership for Nursing Facilities. The new rule would read as follows:
§355.306.Cost Finding Methodology.
(a) – (d) (No change.)
(e) Final cost reports for change of ownership. When a facility changes ownership, for a provider who participates in the rate enhancement program, the prior owner must submit a final Staffing and Compensation Report as described in §355.308 of this title. When a facility changes ownership, for a provider not participating in the rate enhancement program, the prior owner is excused from submitting a final cost report and, if its prior [year’s] cost report is pending audit completion, the audit will be suspended and the cost report excluded from the final cost report database.
(f) – (h) (No change.)
The earliest possible date of adoption is November 18, 2018.
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