OAR 411-070-0400
Equity


Equity is not an allowable expense for reimbursement but must be reported. Equity capital is the net worth of the provider (owner’s equity in the net assets as determined under these rules), adjusted for those assets and liabilities that are not related to the provision of resident care:

(1)

Generally accepted accounting principles are to be used unless otherwise specified in these rules for computing owner’s equity.

(2)

Assets and liabilities not related to providing resident care are not includable in the provider’s equity capital.

(3)

Loans from owners or related entities are considered as invested equity capital of the provider.

(4)

Owner’s equity in assets leased from related entities is includable in the equity capital of a proprietary provider.

(5)

Goodwill is not includable as part of owner’s equity.

(6)

Invested funds that are diverted to income producing activities that are not resident related for more than six months will not be included as part of owner’s equity.

(7)

Amounts deposited in a funded depreciation account and the earnings on deposits are not included in equity capital. Interest earned on these funds is not offset against interest expense.

(8)

Land, buildings, and other assets acquired in anticipation of expansion are not includable in equity capital. Construction-in-process and liabilities related to such construction are not includable in equity capital.

(9)

Prepaid premiums on life insurance carried by a provider on officers and key employees, where the provider is designated as the beneficiary, are not included when computing equity capital.

(10)

The costs of noncompetitive agreements are not includable in equity capital.

(11)

The amount deposited and the earnings on self-insurance reserve funds are not includable in equity capital.

(12)

When an asset is totally or partially destroyed by a casualty, the unrecovered loss is not included in equity capital.

(13)

Working capital, defined as the difference between current assets and current liabilities, must be adjusted by any amount considered to be excessive for the necessary and proper operation of resident care activities. The excessive amount will not be included in equity capital.

(14)

The cash surrender value of insurance is not includable in equity capital.

(15)

Imputed salaries for proprietors will be offset in computing the equity capital.

(16)

Any portion of an acquisition cost, incurred on or after July 18, 1984, that exceeds the depreciable basis is not includable in the owner’s equity calculation.
411‑070‑0000
Purpose
411‑070‑0005
Definitions
411‑070‑0010
Conditions for Payment
411‑070‑0015
Denial, Termination or Non-Renewal of Provider Agreement
411‑070‑0020
On-Site Reviews
411‑070‑0025
Basic Flat Rate Payment (Basic Rate)
411‑070‑0027
Complex Medical Add-On Payment
411‑070‑0028
Bariatric Authorization and Payment
411‑070‑0029
Pediatric Rate
411‑070‑0033
Post Hospital Extended Care Benefit
411‑070‑0035
Complex Medical Add-On Effective Start and End Dates and Administrative Review
411‑070‑0040
Screening, Assessment, and Resident Review
411‑070‑0043
Pre-Admission Screening and Resident Review (PASRR)
411‑070‑0045
Facility Payments
411‑070‑0050
Days Chargeable
411‑070‑0075
Rates - Facilities in Oregon
411‑070‑0080
Out-of-State Rates
411‑070‑0085
Bundled Rate
411‑070‑0087
Bariatric Criteria and Services
411‑070‑0091
Complex Medical Add-On Services
411‑070‑0092
Ventilator Assisted Program - Medicaid Payment
411‑070‑0095
Resident Funds
411‑070‑0100
Audit of Personal Incidental Funds
411‑070‑0105
Resident Property Records
411‑070‑0110
Temporary Absence from Facility (Bedhold)
411‑070‑0115
Transfer of Residents
411‑070‑0120
Discharge of Residents
411‑070‑0125
Medicare, (Title XVIII)
411‑070‑0130
Medicaid Payment in Hospitals
411‑070‑0140
Hospice Services
411‑070‑0300
Filing of Financial Statement
411‑070‑0302
Filing of Revised Financial Statements
411‑070‑0305
Accounting and Record Keeping
411‑070‑0310
Auditing
411‑070‑0315
Maximum Allowable Compensation of Administrator
411‑070‑0320
Consultants
411‑070‑0330
Owner Compensation
411‑070‑0335
Related Party Transactions
411‑070‑0340
Chain Operations
411‑070‑0345
Allocation of Home Office and Regional Office Costs
411‑070‑0350
Management Fees
411‑070‑0359
Allowable Costs
411‑070‑0365
Capital Assets
411‑070‑0370
Depreciable Assets
411‑070‑0375
Depreciation Basis
411‑070‑0385
Depreciation Lives
411‑070‑0400
Equity
411‑070‑0415
Offset Income
411‑070‑0417
Treatment of Complex Medical Add-Ons
411‑070‑0420
Base Year Cost Finding
411‑070‑0425
Resident Days
411‑070‑0430
Allocation Methods
411‑070‑0435
Appeals
411‑070‑0437
Quality and Efficiency Incentive Program
411‑070‑0439
COVID-19 Emergency Response Incentive Program
411‑070‑0442
Calculation of the Basic Rate, Complex Medical Rate, Bariatric Rate and Ventilator Assisted Program Rate
411‑070‑0452
Pediatric Nursing Facilities
411‑070‑0464
Final Report
411‑070‑0465
Uniform Chart of Accounts
411‑070‑0470
Nursing Assistant Training and Competency Evaluation Programs Request for Reimbursement
Last Updated

Jun. 8, 2021

Rule 411-070-0400’s source at or​.us