Amendment
Bill No. 0492
Amendment No. 437829
CHAMBER ACTION
Senate House
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1Representative Littlefield offered the following:
2
3     Amendment (with title amendment)
4     On page 23, between lines 19 and 20,
5insert:
6     Section 18.  Paragraph (b) of subsection (5) of section
7400.235, Florida Statutes, is amended to read:
8     400.235  Nursing home quality and licensure status; Gold
9Seal Program.--
10     (5)  Facilities must meet the following additional criteria
11for recognition as a Gold Seal Program facility:
12     (b)  Evidence financial soundness and stability according
13to standards adopted by the agency in administrative rule. Such
14standards must include, but not be limited to, criteria for the
15use of financial statements that are prepared in accordance with
16generally accepted accounting principles and that are reviewed
17or audited by certified public accountants. A nursing home that
18is part of the same corporate entity as a continuing care
19facility licensed under chapter 651 which meets the minimum
20liquid reserve requirements specified in s. 651.035 and is
21accredited by a recognized accrediting organization under s.
22651.028 and rules of the Office of Insurance Regulation
23satisfies this requirement as long as the accreditation is not
24provisional. Facilities operated by a federal or state agency
25are deemed to be financially stable for purposes of applying for
26the Gold Seal.
27
28A facility assigned a conditional licensure status may not
29qualify for consideration for the Gold Seal Program until after
30it has operated for 30 months with no class I or class II
31deficiencies and has completed a regularly scheduled relicensure
32survey.
33
34================= T I T L E  A M E N D M E N T =================
35     On page 3, between lines 28 and 29,
36insert:
37amending s. 400.235, F.S.; specifying circumstances in which
38certain facilities may be deemed financially stable;


CODING: Words stricken are deletions; words underlined are additions.