Examples of RFMD in a sentence
For each DY, the state must reconcile LIP payments made to providers to ensure that they do not exceed allowed UC costs, using the CMS approved RFMD cost review protocol.
Through the RFMD, the state must demonstrate that it has reconciled LIP payments to auditable costs.
Beginning in DY 13, in the event the RFMD methodology remains unaltered from the previous DY, the state will submit an attestation attached to the previous DY’s RFMD stating that “the methodology contained herein remains in effect for the current DY XX,” where XX represents the relevant DY.
Hospital cost expenditures from the LIP will be paid up to cost and are further defined in the RFMD utilizing methodologies from the CMS-2552 cost report plus mutually agreed upon additional costs that will be defined in the RFMD.
The state may not claim FFP for LIP payments in that DY until after the RFMD for that DY has been approved by CMS.
The state may not claim FFP for LIP payments in DY 12 until after the RFMD is approved by CMS.
The RFMD provides that TC LIP payments to providers for UC costs must be supported by UC costs incurred and reported by providers as charity care on the provider’s financial records.
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The RFMD provides that total computable LIP payments to providers for uncompensated care costs must be supported by uncompensated care costs incurred and reported by providers as charity care on the provider’s financial records.
The Reimbursement and Funding Methodology Document (RFMD) is prepared by the state and documents LIP permissible expenditures, including the non-federal share and the total computable expenditures.