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Title 7 . Health and Social Services
Chapter 71 . Assisted Living Homes
Section 110. Fiscal administration

7 AAC 71.110. Fiscal administration

To maximize revenues and to ensure proper fiscal management, a center must

(1) prepare and maintain a formal budget;

(2) maintain fiscal records and provide to the department fiscal reports at least quarterly on forms provided by the department;

(3) provide for an audit at least once every two years;

(4) develop a sliding fee scale based on an analysis of reasonable ability to pay; and

(5) establish procedures within the limits set by 7 AAC 71.140(g) to maximize collection of fees from service recipients and third-party insurers.

History: Eff. 9/1/82, Register 83; am 6/24/2004; Register 170

Authority: AS 47.30.530

AS 47.30.540


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Last modified 7/05/2006