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Bill > S1324


FL S1324

FL S1324
Nursing Home Financial Reporting


summary

Introduced
12/20/2021
In Committee
01/12/2022
Crossed Over
Passed
Dead
03/14/2022

Introduced Session

2022 Regular Session

Bill Summary

Specifying that the audited actual experience of a nursing home or its home office is the actual financial experience for purposes of annual financial reporting to the Agency for Health Care Administration, etc.

AI Summary

This bill specifies that the audited actual financial experience of a nursing home or its home office must be used for the purposes of annual financial reporting to the Agency for Health Care Administration. This requirement applies to the nursing home's fiscal year-end balance sheet, income statement, statement of cash flow, and statement of retained earnings, which must be submitted to the agency in addition to the information filed in the uniform system of financial reporting. The bill aims to ensure that the actual financial experience reported to the agency is based on audited financial statements rather than internal financial reports.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Died in Rules (on 03/14/2022)

bill text


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