Virginia Regulatory Town Hall
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Health and Human Resources
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Department of Medical Assistance Services
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Board of Medical Assistance Services
Mandate 591

Mandate Information
Mandate Title:
Fair Rental Value (FRV) Floor
Purpose of legislation
Reduce FRV rental rate to 8.0 percent in FY 15.
Legislation mandating a change Chap 2 (2014)
Budget item mandating a change Item 301 (2014)
VAC chapters to be amended
12 vac 30 - 90 : Methods and Standards for Establishing Payment Rates for Long-Term Care
Associated Regulatory Actions
Action 4263: NF Price-Based Reimbursement
Latest Stage: Fast-Track
Deadline for the regulation to become effective 9/1/2014
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