Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 310. Oklahoma State Department of Health |
Chapter 635. Certificate of Need Standards for Psychiatric and Chemical Dependency Service Beds |
SECTION 310:635-1-7. Financial resources
Latest version.
- (a) The applicant shall demonstrate adequate financial resources for the new or expanded services and for the continued operation thereof.(b) Sufficient capital must be available to initiate and operate the proposed project.(c) Financial arrangements shall be reasonable and secure.(d) The project shall be financially viable through three years beyond completion.(e) Proposed charges must be in line with prevailing rates of similar institutions providing similar services in the general area.