Montana Code 53-1-404. Department to review and establish per diem charge
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53-1-404. Department to review and establish per diem charge. The per diem charge for the fiscal year must be reviewed on or before October 1 of each year by the department and may be reviewed at additional times during the year as considered appropriate by the department. If the review indicates that the costs of an institution have changed substantially since the last review, the per diem charge must be adjusted to compensate for those changes.
Terms Used In Montana Code 53-1-404
- Department: means the department of public health and human services provided for in 2-15-2201. See Montana Code 53-1-401
- 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.
- Per diem charge: means the gross daily budgeted cost of operating an institution or an individual unit of an institution (including but not limited to contracted medical services, depreciation, and associated department costs but excluding the cost of educational programs, ancillary charges, and costs not directly identified with patient care) divided by the full-time equivalent resident load for the previous state fiscal year. See Montana Code 53-1-401