516-409-4259 jryan@jeryan.com

The Final RCM has been issued effective 1/13/14. Some of the important revisions  (not all inclusive) which you must institute effective immediately are as follows:

B. Program and fiscal issues that require prior written approval of the Commissioner’s designees include but are not limited to:

 New or renovated facility space, both instructional and non-instructional to be occupied by approved programs in which space is new, or substantially altered or result in capitalized costs in excess of $100,000 will require both program and fiscal designee written approval prior to implementing.

Transfer or assignment of ownership interest totaling 25 percent or more in the total equity or assets of an entity, whether direct or indirect, possession or operation of the premises and facilities. Both program and fiscal designee written approval are required.

Read more: NYSED finalizes Reimbursable Cost Manual for 13/14