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November 21, 2024 Clouds | 46°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XVII PUBLIC WELFARE
  4. Chapter 118E DIVISION OF MEDICAL ASSISTANCE
  5. Section 13K Adjustment of facility's rate

Section 13K

Section 13K: Adjustment of facility's rate

Section 13K. Upon petition of a receiver appointed under section 72N of chapter 111, the executive office shall, under regulations to be promulgated hereunder, adjust the facility's rate, if necessary, to insure compensation of the receiver and payment for a bond. Such adjustment shall not be in effect if the licensee is under the jurisdiction of the United States Bankruptcy Court.