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The determination for payment in the long-term institutional program is based on the minimum 90-day assessment by the nursing home. The tool used for this measurement is the:
Percentage
A proportion or share in relation to a whole, typically expressed as a fraction of 100.
Term Bond
A type of bond that has a specific maturity date on which the principal or par value is repaid to the investors.
Face Value
The nominal or original value of a security or financial instrument as stated by the issuer, unrelated to its market value.
Specific Date
Refers to a detailed and exact date on the calendar specified for an event or deadline.
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