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Virginia Regulatory Town Hall
Agency
Department of Behavioral Health and Developmental Services
Guidance Document Change: This is a new guidance document regarding the current requirement for 90 days of operating expenses per the Rules and Regulations for Licensing Providers by the Department of Behavioral Health and Developmental Services (12VAC35-105).
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8/24/19  2:52 pm
Commenter: Matthew Osborne

Comments on Guidance re: Financial Reserves
 

The requirement to maintain 90-days of operating expenses and that "providers must be able to provide proof, at any time when requested by a representative from the department", places an extraordinary burden on current providers and presents a formidable barrier to future providers and those looking to add/expand services.

The Faison Center shares VNPP's concerns presented in an earlier comment/post.

CommentID: 75833