Oklahoma Administrative Code
Title 310 - Oklahoma State Department of Health
Chapter 635 - Certificate of Need Standards for Psychiatric and Chemical Dependency Service Beds
Section 310:635-1-7 - Financial resources
Universal Citation: OK Admin Code 310:635-1-7
Current through Vol. 41, No. 13, March 15, 2024
(a) The applicant shall demonstrate adequate financial resources for the new or expanded services and for the continued operation thereof.
(b) Sufficient capital must be available to initiate and operate the proposed project.
(c) Financial arrangements shall be reasonable and secure.
(d) The project shall be financially viable through three years beyond completion.
(e) Proposed charges must be in line with prevailing rates of similar institutions providing similar services in the general area.
Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
