An Act to require updated cost report information for certain community-based health and human services providers.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That 28-22-1 be AMENDED:
28-22-1.
The Department of
Social Services and the Department of Human Services shall jointly
establish a rate-setting methodology for services delivered by
community-based health and human services providers. Each category of
service shall undergo a comprehensive rate modeling analysis at least
every five years. Any
rate models determined by the comprehensive rate model analysis must
be reviewed and reported annually to include cost report information,
rate model components utilizing the most relevant inflation factor
respective of the analysis, and other market factors as warranted
pursuant to 28-22-2
and 28-22-3.
The departments
may elect to conduct the analysis earlier or on a more frequent basis
if warranted by cost report information or other market conditions.
may elect to conduct the analysis earlier or on a more frequent basis
if warranted by cost report information or other market conditions.
Any new service
model shall undergo comprehensive rate modeling analysis prior to
implementation.