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Session Laws, 1973
Volume 709, Page 396   View pdf image
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396                                       LAWS OF MARYLAND                                Ch. 206

Welfare in the administration of Title
XVIII of the Social Security Act
amendments of 1965; plus (B) an
additional sum to be determined by
the Board of Public Works, to provide
a return greater than that customarily
earned by the public service and public
utility companies, including a profit of
not less than 10% of total costs
(including those costs determined by
the Board of Public Works). In
determining such additional sum the
Board of Public Works shall take into
account such costs as: amortization,
replacement and/or modernization of
plants, buildings and equipment,
reasonable administrative costs,
reasonable rentals, reasonable interest
payments for loans by providers, and
other lawful business expenses. Homes
not submitting audited costs shall be
reimbursed at a rate not to exceed
$7.00 per day, per patient.

Fee schedules, items of costs
and profit factors established within
this Medical Assistance Program shall
be eligible for federal matching at
Maryland's applicable federal
matching rate for Title XIX for those
eligible services under Title XIX. If as
a result of fee schedules, items of cost
or profit factors various costs of
services or portions of services are
declared ineligible, by the United
States Department of Health,
Education and Welfare or any other
interested federal agency having
jurisdiction              over             federal

reimbursement for services, for federal
matching funds, under Title XIX, then
the fee schedules, items of cost or
profit factors appropriated herein will
be immediately modified to conform
to the federal requirements in order to
receive federal matching funds. Any
modification of fee schedules, items of
cost or profit factors for services
provided to those federal matched
categories of recipients will be
applicable also to categories of
recipients not matched by federal
funds. Notwithstanding any language
to the contrary, the modifications in
fee schedules, items of cost or profit
factors shall be made immediately
upon notification of the United States

 

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Session Laws, 1973
Volume 709, Page 396   View pdf image
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