NAC439B.420. Determination of minimum obligation.

     1. The department shall:

     (a) For the purposes of determining 0.6 percent of a hospital’s inpatient net revenue for the hospital’s previous fiscal year pursuant to NRS 439B.320, use the report required to be submitted by the hospital pursuant to NAC 439B.410 for the most recent hospital fiscal year ending before July 1 in any year.

     (b) Determine the amount of the hospital’s minimum obligation by:

          (1) Dividing the amount shown as inpatient total patient revenues on line 25 of Worksheet G-2 of the 2552-89 Medicare Cost Report or comparable line on a subsequent Medicare Cost Report by the amount shown as the total of all total patient revenues on the same line;

          (2) Multiplying the result of paragraph (a) by the amount reported as Net Patient Revenues on line 3 of Worksheet G-3 of that report to determine the hospital’s total inpatient net revenue; and

          (3) Multiplying the result of paragraph (b) by 0.006.

     2. The amount determined pursuant to paragraph (b) of subsection 1 is subject to an adjustment by the department based upon the receipt of subsequent information or an audit or examination of the hospital. The adjustment must be made to the current or following year of the hospital’s obligation pursuant to this section.

     (Added to NAC by Dep’t of Human Resources, eff. 4-13-88; A 10-20-93)