Normalized definition

Normalized means multiplying the nursing facility provider’s per diem case-mix adjusted direct health care services cost by its case-mix index normalization ratio for the purpose of making the per diem cost comparable among facilities based upon a common case-mix in order to determine the maximum allowable reimbursement limitation.

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Normalized column is used in the Operating Statement Analysis Report. This report may vary depending on the property type and because of the way information may vary in each borrowers statement. INCOME: COMMENTS EXPENSE: COMMENTS CAPITAL ITEMS: COMMENTS

Normalized means the process of adjusting gas quantities to reflect normal historic temperature based on National Oceanic and Atmospheric Administration data.

Examples of Normalized in a sentence

• Normalized PMPM rates represent the PMPM prior to the adjustment for PPG’s assigned Members’ age, sex and benefit plan.

• Normalized rates represent the PMPM prior to the adjustment for PPG’s assigned Members’ age, sex and benefit plan.

• The objective in developing Test Periods will be to establish a measurement which reflects a 12-month period of “normalized operations.” Normalized operations as defined and used herein will mean an operating pattern which is not adversely affected by the implementation of a major transaction such as an acquisition, control or merger involving two or more Carriers or any other unusual or extenuating circumstances.

• The Master Servicer and the Special Servicer shall each use the "Normalized" column from the CMSA NOI Adjustment Worksheet for any Mortgaged Property or REO Property, as the case may be, to update the corresponding CMSA Operating Statement Analysis and shall use any operating statements received with respect to any Mortgaged Property or REO Property, as the case may be, to prepare the CMSA NOI Adjustment Worksheet for such property.

• The Master Servicer and the Special Servicer shall each use the "Normalized" column from the NOI Adjustment Worksheet for any Mortgaged Property or REO Property, as the case may be, to update the corresponding Operating Statement Analysis and shall use any operating statements received with respect to any Mortgaged Property or REO property, as the case may be, to prepare the NOI Adjustment Worksheet for such property.

More Definitions of Normalized

Normalized means multiplying the nursing facility provider’s per diem case-mix adjusted direct

Normalized. Net Operating Income ("NOI"). The items described below highlight some of the major categories requiring adjustment. There may, however, be others, and GMACCM will use its market knowledge and discretion in making and sufficiently footnoting the necessary adjustments. o GMACCM chooses to use the actual management fee stated in the financial statement. o Where they are clearly identifiable, GMACCM will remove any capital expense from any above the line categories (such as extraordinary repairs and maintenance) and put them below the line in the capital expense comment section. o Replacement reserves, tenant improvement and leasing commission reserves will be treated as above the line expenses. A determination will be made whether there have been credits for the disbursements from a reserve and that expenses are not overstated due to exclusion of credits. o Property taxes should be the annual amount due, excluding any delinquent taxes or credits from prior years which would cause the number to be higher or lower. The amount for property taxes will be adjusted if the period under analysis is less than one year.

Normalized. Net Operating Income (NOI). The items described below highlight some of the major categories requiring adjustment. There may however be others and GMACCM will use its market knowledge and discretion in making and sufficiently footnoting the necessary adjustments. These instructions should be in conjunction with the Master Coding Matrix. The operating income information collected from borrowers should be used to populate the NOI Adjustment Worksheet (NOIWS) and the Operating Statement Analysis Report (OSAR). The OSAR and NOIWS templates vary by property type according to CMSA guidelines. When necessary, income and expenses will be analyzed by looking at variances by category. Unusual income and expense items will be researched. If there are significant variances, inquiries to the borrower will be made. Appropriate adjustments will be made and footnotes provided to clearly explain the situation. NOI Adjustment Worksheet (NOIWS) -------------------------------- o The NOIWS documents any adjustments made to the borrower's actual data by the analyst to determine normalized Net Operating Income (NOI) and Net Cash flow (NCF). This normalized NOI and NCF will flow through to the OSAR. Normalization and Reporting of Financial Information Revenues -------- Reporting: o In the Income Section of the OSAR and NOIWS (excluding the template for Lodging), either both categories, Gross Potential Rent and Less: Vacancy and Collection should be used in combination together, or these two categories should be left blank If blank, then only Base Rent should be used by itself to show the net rent received (net of Vacancy and collection loss). The combination of Gross Potential Rent and Vacancy are preferred over Base Rent. Normalization: o Non-recurring extraordinary income should be excluded: o For example, lease buyout or insurance proceeds (except rent related) should always be adjusted out of income. Income received for a period other than the year in question should be adjusted. If a material amount of past due rent for a prior year was paid and recorded in the current year, the servicer should back out this amount of income and footnote the action, unless such payment is consistently made on a year-to-year basis. o Lease Termination Revenue o Omit Lease Termination Penalty Income o Lease Termination Rental income should be included just for the period that is being analyzed. o Lease Termination Rental income should only be included until the new tenant starts paying rent. ...

Normalized. (i) base year (underwriters numbers) (ii) the previous two full years "normalized" (iii) the current year "normalized" (iv) and any year to date information or trailing 12 months

Normalized means that the pdf used for calculating the moment is normalized

Normalized. Net Operating Income ("NOI"). The items described below highlight some of the major categories requiring adjustment. There may, however, be others, and GMACCM will use its market knowledge and discretion in making and sufficiently footnoting the necessary adjustments. o GMACCM chooses to use the actual management fee stated in the financial statement.

Normalized column from the NOI Adjustment Worksheet to update the Operating Statement Analysis report and will use any operating statements received with respect to any Mortgaged Property to update the Operating Statement Analysis report for such Mortgaged Property, such updates to be completed in electronic format and delivered to the Master Servicer within 30 days of completion.