2010 Appraisal Reports for 24-Hour Mental Centers
Monday, October 4, 2010
Contact: Jeff Reynolds
The Appraisal Reports list the original purchase date and purchase price of land improvements, buildings, fixed equipment and moveable equipment that are valued at $5,000 or greater. They report then identifies the number of years each of these items can be depreciated and calculates the annualized depreciation expense that can be included in the facilities annual Medicare/Medicaid cost report.