(a) The department shall, by regulation, set rates of payment for health facilities under this chapter and Alaska Stat. § 47.25.120 – 47.25.300 in accordance with 42 U.S.C. § 1396 (Title XIX, Social Security Act, Medical Assistance) and this section. A rate established under this section takes effect under Alaska Stat. Chapter 44.62 (Administrative Procedure Act) but not until approved in writing by the commissioner. The commissioner may delegate the performance of these functions.
Terms Used In Alaska Statutes 47.07.070
Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(b) In determining the rates of payment for health facilities for a fiscal year, the department shall, within the limit of appropriations made by the legislature for the department’s programs under this chapter and under Alaska Stat. § 47.25.120 – 47.25.300 for that fiscal year, including anticipated available federal revenue for that fiscal year, set rates for facilities that are based on
(1) reasonable costs related to patient care; and(2) audit and inspection results and reports, when the audit or inspection is conducted under Alaska Stat. § 47.07.074.(c) This section does not apply to the minimum daily reimbursement rate specified by law under Alaska Stat. § 47.24.017 or Alaska Stat. § 47.25.195(e) for assisted living homes.
