Code of Maryland Regulations › Title 32 - MARYLAND DEPARTMENT OF AGING › Subtitle 02 - PROVIDER REGULATIONS › Chapter 32.02.02 - Certificate of Registration for Continuing Care at Home Providers › Section 32.02.02.11 - Application for Renewal Certificate of Registration

Current through Register Vol. 51, No. 14, July 12, 2024
A. The provider shall file an application for a renewal certificate of registration within 120 days of the end of the provider's fiscal year on a form provided by the Department.
B. A renewal certificate of registration shall be issued for 1 year, which is in effect from 6 months after the end of the provider's most recent fiscal year to 6 months after the close of the provider's current fiscal year.
C. The application for a renewal certificate of registration shall include the following information and attachments:
(1) Any changes or additions to the information submitted on the most recent application;
(2) An original certified financial statement for the preceding fiscal year prepared in accordance with generally accepted accounting principles, which include the principles expressed in the American Institute of Certified Public Accounts' "Audit and Accounting Guide for Health Care Organizations";
(3) All exhibits or attachments to the certified financial statements, including:
(a) A balance sheet,
(b) An income statement,
(c) A statement of cash flows,
(d) The related notes to the financial statements, and
(e) The opinion of an independent certified public accountant;
(4) An operating budget for the current fiscal year prepared in accordance with generally accepted accounting principles;
(5) A projection of the life expectancy and the number of subscribers who will require care in an assisted living or nursing home facility;
(6) A projected operating budget for the next succeeding fiscal year prepared in accordance with generally accepted accounting principles;
(7) An actuarial opinion that meets the requirements of Regulation .14F and G of this chapter;
(8) A copy of any new continuing care at home agreement proposed for implementation in the succeeding year, and a demonstration of how the proposed agreement differs from current agreements in use;
(9) A description of the arrangements that have been made to obtain the personnel and services necessary to continue providing continuing care at home;
(10) A copy of each current license and certificate, if any, required to be issued by DHMH;
(11) A copy of the provider's most recent certificate of need, if any, required to be issued by MHCC;
(12) The form and substance of any advertising campaign or proposed advertisement and other promotional materials not previously filed with the Department;
(13) A renewal fee equal to the greater of $5,000 or $18 per subscriber enrolled at the end of the provider's previous fiscal year;
(14) A cash flow projection for the current fiscal year and the next 2 fiscal years prepared in accordance with generally accepted accounting principles;
(15) A statement that provides the dates of the meetings held the previous year to comply with Regulation .13 of this chapter;
(16) A copy of the disclosure statement prepared in accordance with Regulation .15 of this chapter; and
(17) A statement that indicates compliance with the operating reserve requirement in Regulation .14 of this chapter.