Health Care Financial Disclosure
W. Va. Code §16-5F-1 et. seq.
The Financial Analysis Division of the Authority is responsible for the collection of information required under the Health Care Financial Disclosure Act. Only hospitals and nursing homes were required to report until the Act was amended in 1991 to include kidney disease treatment centers, ambulatory health care facilities, ambulatory surgical facilities, home health agencies, rehabilitation facilities, health maintenance organizations, behavioral health centers, and related organizations. In 1996, the Act was amended to include hospice.
The data collected from the financial filings are used to compile the annual report required by the Legislature. The information is also used in the Certificate Of Need program pursuant to the review of an application. All of the information collected is available for public inspection, with the exception of tax forms and any UB data that directly or indirectly identify patients. In addition to the financial review, the health care provider information is useful in identifying gaps in needed services, trends in health care and quality issues. The information is essential for policy-makers as a tool in identifying the utilization, supply and distribution of health care resources. Data from the filings are compiled and provided to the public upon request.
Most documents are available on the Authority's on-line document management system.