Section 1187.60. Prudent buyer concept

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The purchase or rental by a nursing facility of services, movable property and supplies, including pharmaceuticals, may not exceed the cost that a prudent buyer would pay in the open market to obtain these items, as described in the Medicare Provider Reimbursement Manual (CMS Pub. 15-1).

The provisions of this § 1187.60 amended February 8, 2002, effective July 1, 2001, 32 Pa.B. 734. Immediately preceding text appears at serial page (201549).

Notation

Cross References

This section cited in 55 Pa. Code § 1187.61 (relating to movable property cost policies).

                    
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