| 1 | Representative Littlefield offered the following: |
| 2 |
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| 3 | Amendment (with title amendment) |
| 4 | Between lines 341 and 342 insert: |
| 5 | Section 10. Paragraph (b) of subsection (5) of section |
| 6 | 400.235, Florida Statutes, is amended to read: |
| 7 | 400.235 Nursing home quality and licensure status; Gold |
| 8 | Seal Program.-- |
| 9 | (5) Facilities must meet the following additional criteria |
| 10 | for recognition as a Gold Seal Program facility: |
| 11 | (b) Evidence financial soundness and stability according |
| 12 | to standards adopted by the agency in administrative rule. Such |
| 13 | standards must include, but not be limited to, criteria for the |
| 14 | use of financial statements that are prepared in accordance with |
| 15 | generally accepted accounting principles and that are reviewed |
| 16 | or audited by certified public accountants. A nursing home that |
| 17 | is part of the same corporate entity as a continuing care |
| 18 | facility licensed under chapter 651 which meets the minimum |
| 19 | liquid reserve requirements specified in s. 651.035 and is |
| 20 | accredited by a recognized accrediting organization under s. |
| 21 | 651.028 and rules of the Office of Insurance Regulation |
| 22 | satisfies this requirement as long as the accreditation is not |
| 23 | provisional. Facilities operated by a federal or state agency |
| 24 | are deemed to be financially stable for purposes of applying for |
| 25 | the Gold Seal. |
| 26 |
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| 27 | A facility assigned a conditional licensure status may not |
| 28 | qualify for consideration for the Gold Seal Program until after |
| 29 | it has operated for 30 months with no class I or class II |
| 30 | deficiencies and has completed a regularly scheduled relicensure |
| 31 | survey. |
| 32 |
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| 33 | ================ T I T L E A M E N D M E N T ============= |
| 34 | Between lines 46 and 47 insert: |
| 35 | amending s. 400.235, F.S.; providing for financial stability for |
| 36 | Gold Seal for certain nursing facilities; |