# Waiver rate

A term used when buying adult day care.

The daily amount a state Medicaid waiver pays per participant, set by the state not the center.

Where most of the census is waiver-funded, the price of the service is not the operator's decision and neither is the timing of payment, so a rate freeze or a slow state turns a full building into a [working-capital](https://searchspheresource.com/glossary/working-capital) problem. Ask what share of census is waiver against private pay, what the rate has done over five years, and how many days of receivables the state is currently running.

Part of: Buying an Adult Day Care (https://searchspheresource.com/guides/buying-an-adult-day-care)

Source: https://searchspheresource.com/guides/buying-an-adult-day-care/terms/waiver-rate
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt