Financial Solvency, Institutional Planning, and Business Records
Requires the Agency to keep enough money to meet payroll, never to pay staff with checks that bounce, to keep business records in their original state and available to HHSC, and, if Medicare-certified, to prepare and review each year an operating budget and a capital expenditure plan.
About this policy
- Policy number
- TX-HH-BUS-01
- Version
- 1.0
- Main rule
- 26 TAC §558.252
- Library
- Texas home health · 56 policies
- Category
- Business
- Sections
- 14
In short
- We always keep enough money to pay staff in full and on time.
- Never use correction fluid or tape on any Agency record. Cross out an error with one line, then initial and date it.
- Never remove or replace a page in a business record.
- Business records must be shown to HHSC when they ask.
- If you are ever paid with a check that bounces, tell the Administrator at once.
What's inside
14 sections. The full text comes with the One-time Policy Pack.
- Terms of Reference
- 1. Purpose
- 2. Scope
- 3. Definitions
- 4. Policy Statement (26 TAC §558.252)
- 5. Procedure
- 6. Business Records Kept
- 7. Responsibilities
- 8. Records and Compliance Monitoring
- 9. Staff Training
- 10. References
- 11. Related Policies and Forms
- 12. Approval
- 13. Revision History
An inspector may ask
- Has any staff paycheck ever been returned for insufficient funds?
- Show me your business records. Have any been altered with correction fluid or tape?
See Cura Core with your agency's name on it.
Choose your state and type of agency, buy your Policy Pack online and get your sign-in by email. Already a customer? Sign in to your portal.