Unannotated Code of Maryland (Last Updated: May 16, 2014) |
HUMAN SERVICES |
TITLE 10. DEPARTMENT OF AGING |
SUBTITLE 4. CONTINUING CARE |
PART III. PROVIDERS |
§ 10-419. "Net operating expenses" defined
Latest version.
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In this part, "net operating expenses" means the total operating expenses at each facility of a provider, less depreciation, amortization, unusual and infrequent expenses, changes in the obligation to provide future services, and changes in the fair market value of interest rate swap agreements not involving an exchange of funds.