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To maximize revenues and to ensure proper fiscal management, the governing board or the program director of a facility shall
(1) prepare and maintain a formal budget;
(2) maintain fiscal records and provide fiscal reports to the department on forms provided by the department;
(3) provide for an audit at least once every two years;
(4) develop a fee schedule; and
(5) establish procedures within the limits set by 7 AAC 13.100(g) to maximize collection of fees from patients and third-party insurers.
History: Eff. 3/17/85, Register 93
Authority: AS 18.25.100
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Last modified 7/05/2006