Medicare Claims Processing Manual (Pub. 100-04), Ch. 3 § 20.4.5
Old and New Capital
20.4.5 - Old and New Capital
(Rev. 1, 10-01-03)
A3-3611.5
Old capital is a hospital asset that:
•
Has been put in use for patient care on or before December 31, 1990; or
•
Has been legally committed to by an enforceable contract entered into on or before
December 31, 1990, and put in patient use before October 1, 1994.
All other assets are considered new for Medicare purposes.