12VAC30-90-39: Purchases of nursing facilities (NF)
Where this section sits in the code
- Title 12. Health
- Agency 30. Department of Medical Assistance Services
- Chapter 90. Methods and Standards for Establishing Payment Rates for Long-Term Care
- Part II. Nursing Home Payment System Subpart I General
- Article 3. Fair Rental Value Capital Payment System
A. In the event of a sale of a NF, the purchaser must have a current license and certification to receive DMAS reimbursement as a provider and must notify DMAS of the sale within 30 days of the date legal title passes to the purchaser. The notification shall include:
1. That a sale or transfer is about to be made or has already occurred;
2. The location and general description of the property;
3. The names and addresses of the transferee and transferor and all such business names and addresses of the transferor for the last three years.
B. The seller must file a final cost report within 150 days of the date of the facility sale.
Collected 2026-09-14T04:51:00Z. Source file · JSON