2009 Rhode Island Code
Title 40 - Human services
CHAPTER 40-8 - Medical Assistance
§ 40-8-13.2 - Prospective rate methodology for in-state hospital services.
SECTION 40-8-13.2
§ 40-8-13.2 Prospective rate methodology for in-state hospital services. – As a condition of participation in the established prospective rate methodology for reimbursement of in-state hospital services, every hospital shall submit year-end settlement reports to the department within one year from the close of a hospital's fiscal year. In the event that a participating hospital fails to timely submit a year-end settlement report as required, the department shall withhold financial cycle payments due by any state agency with respect to this hospital by not more than ten percent (10%) until the report is received. The provisions of this section shall be repealed upon the promulgation of amendments and new methodology pursuant to §§ 40-8-13.3 and 40-8-13.4, but in any event no later than March 30, 2010.
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