Arkansas § 20-22-403 Reimbursement

Arkansas Statutes

§ 20-22-403 — Reimbursement

Arkansas § 20-22-403

Title20

This text of Arkansas § 20-22-403 (Reimbursement) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 20-22-403 (2026).

Text

(a)Licensed long-term care facilities participating in the Title XIX cost reimbursement program for long-term care facilities which elect to install smoke or particle sensor devices shall claim reimbursement for approved purchase and installation costs over a five-year period on the annual statistical and financial report as required by the Office of Long-Term Care, in order to assure this state's receipt of federal financial participation.

(b)The costs will be considered allowable for reimbursement purposes when capitalized over a five-year period and depreciated on a straight-line basis.

(c)Reimbursement in these instances shall be made through the normal prospective rate-setting procedures based on historical cost report data.

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(a) Licensed long-term care facilities participating in the Title XIX cost reimbursement program for long-term care facilities which elect to install smoke or particle sensor devices shall claim reimbursement for approved purchase and installation costs over a five-year period on the annual statistical and financial report as required by the Office of Long-Term Care, in order to assure this state's receipt of federal financial participation. (b) The costs will be considered allowable for reimbursement purposes when capitalized over a five-year period and depreciated on a straight-line basis. (c) Reimbursement in these instances shall be made through the normal prospective rate-setting procedures based on historical cost report data.