Delaware Code Title 16. Health and Safety § 9953. Submission and analysis of hospital financial information

(1) The hospital's operating budget for the forthcoming year, including expenditures and revenues, redlined to reflect increases and changes from the previous year.

(2) Spending and revenue data from the previous year.

(3) Financial information, including costs of operations, revenues, assets, liabilities, rates, charges, units of service, and wage, salary, and other labor costs for each service line and budget category.

(4) Scope of services and volume of service information, including inpatient services, outpatient services, and ancillary services by type of service provided.

(5) Utilization information.

(6) New hospital services and programs proposed for the forthcoming year.

(7) Projected 3-year capital budget.

(8) Contract information with public and private payers and purchasers.

(9) Other information the Board determines to be relevant to the budget review process.

(1) Review utilization information.

(2) Consider the expenditure and revenue analysis for the previous year and the proposed expenditure and revenue analysis for the forthcoming year and determine whether the hospital has satisfied the State's health-care spending policy directives, including the health-care spending benchmark and the annual rate filing cost containment requirements under § 2503 of Title 18.

(3) Meet with hospitals to review and discuss their budget proposals for the forthcoming year.

(4) Review the hospital's investments in workforce development initiatives.

(5) Consider the salaries for the hospital's executive and clinical leadership and the hospital's salary spread, including a comparison to salaries in other states in the region.

(6) Offer the opportunity for the public to provide comment on hospital budgets and other aspects of hospital costs.