Center Code Descriptions are helpful when looking at the Rate Report so that the reader understands what the center code means. Center codes are the three letter codes which refer to Daily, Ancillary, and Ambulatory cost centers for which hospitals are assigned rates. These cost centers are described fully in the Accounting and Budget Manual in Section 200 - Chart of Accounts. Each cost center is given a Standard Unit of Measure which is also fully explained in the Accounting and Budget Manual.
The Rate Report is an annual report of all rates calculated for each applicable cost center for each hospital for the current Rate Year.