In addition to the definitions in the Health Information System Act, Section 24-14A-1 et seq. NMSA 1978, the following terms have the following meaning for purposes of this rule:

1. A. Capital asset disposals and retirements means the disposal or retirement of long-term assets which a facility used in its operation.
2. B. Depreciation means the systematic and rational allocation of the cost of a long-term asset over its estimated useful life.
3. C. Director means the director of the commission.
4. D. Facility license number means the unique number assigned and listed on the facility’s license document issued by the state health facility licensing authority.
5. E. Fiscal year ending means the last day of the 12-month accounting cycle for which a facility plans the use of its funds.
6. F. Long-term asset means a fixed, tangible asset, such as land, land improvements, buildings and improvements, leasehold improvements, equipment (fixed and moveable), leased property and equipment, and construction in progress.
7. G. Net income (loss) means the difference between total revenue and total expenses.
8. H. Owner(s) of facility means the name of the owner(s) listed on the current license of a facility licensed by the state health facility licensing authority.
9. I. Return on capital assets means a facility’s net income divided by average capital assets.
10. J. Total capital asset ending balance means the total amount of all long-term assets used in the facility’s operations.
11. K. Total new capital asset purchases means the total amount of new long-term assets purchased for use in the facility’s operations.

[7.1.25.7 NMAC - Rp, 7 NMAC 1.25.7, 12/31/2000]