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Calculating Eligible Expenses and Lost Revenue: What was the baseline comparison period for providers that report on patient care revenue using Option i (Comparison of Actual Lost Revenues) or Option ii (Comparison of Budgeted to Actual Lost Revenues)?

What was the baseline comparison period for providers that report on patient care revenue using Option i (Comparison of Actual Lost Revenues) or Option ii (Comparison of Budgeted to Actual Lost Revenues)?

Actual revenue from quarters in 2019 will serve as the baseline period of comparison for the Period of Availability for Option i.  Budgeted revenue from the quarters reported in 2020 or 2021 will serve as the baseline period of comparison for Option ii. For Option ii, Reporting Entities may use budgeted revenues if the budget(s) and associated documents covering the Period of Availability were established and approved prior to March 27, 2020. 

(Updated 8/30/2021)

Calculating Eligible Expenses and Lost Revenue
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