Change of Ownership
Nursing facilities that had a change of ownership during the period January 1, 2012 through June 30, 2014 were eligible to receive an adjustment to their Medicaid reimbursement rate effective July 1, 2015 based on the facility’s cost under the new owner. The first cost report ending June 30th that contained at least six months of cost under the new owner was used to establish the new rate effective July 1, 2015. If there was not a cost report ending June 30th that contained at least six months of cost under the new owner available when the July 1, 2015 rate was established, the cost report information covering from the date of change in ownership through December 31, 2014 was used.
This rate setting methodology ended June 30, 2021.