New Mexico Administrative Code
Title 7 - HEALTH
Chapter 1 - HEALTH GENERAL PROVISIONS
Part 25 - CAPITAL ASSETS DATA REPORTING REQUIREMENTS
Section 7.1.25.8 - REQUIRED SUBMISSIONS
Universal Citation: 7 NM Admin Code 7.1.25.8
Current through Register Vol. 35, No. 18, September 24, 2024
A. All non-federal health care facilities shall submit the data required by 7.1.25.12 NMAC to the commission in accordance with the schedule set forth in 7.1.25.11 NMAC.
B. The commission may require a facility to submit detailed lists of new capital asset purchases and capital asset disposals and retirements if the facility's average capital assets indicates a significant deviation from the facility's average capital assets in prior years, or if the facility's return on capital assets indicates a significant deviation from:
(1) the
facility's return on capital assets in prior years;
(2) the average return on capital assets for
licensed non-federal health care facilities in New Mexico; or
(3) the average return on capital assets for
health care facilities based on national data.
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