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RSA 420-D:7-a · Quarterly Financial Calculations

Title
XXXVII: INSURANCE
Chapter
420-D · CONTINUING CARE COMMUNITIES
Status
current
Official source linked
Yes
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420-D:7-a Quarterly Financial Calculations. –

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I.

The following financial statements shall be submitted quarterly by the 45th day after the end of the quarter as follows:

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(a)

Capital expenditures as a percentage of depreciation ratio (CED).

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(b)

Unrestricted cash and investments to long-term debt ratio (CD).

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(c)

Days cash on hand ratio (DCOH).

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(d)

Debt service coverage ratio (DSCR).

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(e)

Debt service coverage ratio-revenue basis (DSCR-RB).

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(f)

Net operating margin (NOM).

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(g)

Operating ratio (OR).

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II.

In addition, the provider shall calculate and submit a liquid reserve calculation for each quarter and a detail of current occupancy by category of residency and representation that they are in compliance with all material loan covenants.

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III.

The quarterly statements shall be signed and attested to by the provider's chief financial officer or if there is no chief financial officer, a company level officer. Source. 2025, 296:2, eff. Jan. 1, 2026.

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Source note

Source. 2025, 296:2, eff. Jan. 1, 2026.

Source history

  • 2025, 296:2, eff. Jan. 1, 2026

Related materials

Bill relationships

  • 2026 HB1660 reference · effective 2037-04-01

    ying housing project" means any of the following: (a) Senior housing communities compliant with 42 U.S.C. Section 3607(b); (b) Continuing care retirement communities under RSA 420-D; (c) Skilled care or nursing facilities licensed under RSA 151; (d) Assisted living facilities under RSA 151; (e) Workforce housing as defined in RSA 674:58, or (f) Other housing that addresses documente