Alaska Administrative Code
Title 7 - Health and Social Services
Part 8 - Medicaid Coverage and Payment
Chapter 150 - Prospective Payment System; Other Payment
7 AAC 150.150 - Adjustment factors

(a) To calculate adjustment factors for facility fiscal years, the department will use the most recent quarterly publication of Global Insight's Healthcare Cost Review available 60 days before the beginning of a facility's fiscal year, as follows:

(b) For facility fiscal years beginning after December 31, 2000, and on each July 1 thereafter, the department will use the most recent quarterly publication available 60 days before July 1 of Global Insight's Healthcare Cost Review, Hospital Market Basket for yearly adjustment factors applied to ambulatory surgical centers.

(c) If the facility's year-end report is submitted timely under 7 AAC 150.130, the adjustment factors calculated under (a) of this section will be effective for the prospective payment rates at the beginning of the facility's fiscal year.

(d) The adjustment factors calculated under (a) of this section will be effective 90 days after the beginning of the facility's fiscal year if the facility's year-end report is submitted not more than 30 days late under 7 AAC 150.130.

(e) The adjustment factors calculated under (a) of this section will be effective 180 days after the beginning of the facility's fiscal year if the facility's year-end report is submitted not more than 90 days late under 7 AAC 150.130.

(f) If the facility's year-end report is submitted more than 90 days late under 7 AAC 150.130, the adjustment factors calculated under (a) of this section do not apply during the facility's fiscal year.

(g) Repealed 1/1/2024.

(h) Repealed 1/1/2024.

(i) This section does not apply to a hospital reimbursed under the prospective Diagnosis Related Groups (DRG) payment rate methodology set out under 7 AAC 150.250.