Fair Rental Value System

The Department has 60 days to approve or deny any request received for a fair rental value rate increase that is the result of a Renovation Construction Project, bed addition or replacement subsequent to July 1, 2009.  Any corresponding Fair Rental Value rate increase shall take effect at the beginning of the quarter following the quarter in which the request for a Fair Rental Value rate increase is approved by the Department.  The request must be completed on the Initial Start Up And Fair Rental Value System Reimbursement (FRVS) Update Request Form and submitted to Nursing Home Reimbursement Services along with all supporting documentation.