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WAC 388-835-0455

Can a provider offset interest income against allowable costs?

Except for nonprofit facilities, a provider must deduct from allowable interest expense all interest income earned from either investing or lending nonrestricted and restricted funds.
[Statutory Authority: RCW 71A.20.140. WSR 01-10-013, ยง 388-835-0455, filed 4/20/01, effective 5/21/01.]
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