Kentucky Revised Statutes Title XVII. Economic Security and Public Welfare § 199.641.Definitions; payments to child-caring facility or child-placing agency

(a) “Allowable costs report” means a report from each child-caring facility or child-placing agency that contracts with the department for services and includes all allowable costs as defined by the Federal Office of Management and Budget's guidance, including Title 2 of the Code of Federal Regulations, and other information the department may require, utilizing cost data from each child-caring facility's or child-placing agency's most recent yearly audited financial statement;

(b) “Department” means the Department for Community Based Services of the Cabinet for Health and Family Services;

(c) “Model program cost analysis” means a report based on a time study, the allowable costs report, and other information required by the department from each child-caring facility or child-placing agency that contracts with the department for services that determines a statewide median cost for each licensed program category of service provided by child-caring facilities or child-placing agencies; and

(d) “Time study” means the process of reporting the work performed by employees of child-caring facilities or child-placing agencies in specified time periods.

(a) Provides payment incentives for moving children as quickly as possible to a permanent, continuous, stable environment;

(b) Provides children who require out-of-home care or alternative treatment with placements that are as close as possible to their home geographic area and ensure continuity with their families, schools, faiths, and communities;

(c) Provides appropriate placement and treatment services that effectively and efficiently meet the needs of the child and the child's family as close as possible to the child's home geographic area; and

(d) Facilitates provider participation in the state Medicaid program established in accordance with KRS Chapter 205.