Magnet Application and Appraisal Fees (2021)
January 1, 2021 - December 31, 2021 - Any initial or redesignating applicant that completed the application process before January 1, 2022.
- Application Fee – $5,750.00
- Appraisal Review Fees (Fees apply to all health care organizations.)
- Appraisal Fee
- Based on licensed bed size (see chart below)
- Due at time of written document submission
- Annual Payment (year 1, 2, and 3 post-designation year)*
- Based on licensed bed size (see chart below) Note: certain bed size tiers have been restructured.
- Due every year on designation month
- Appraisal Fee
If extension is requested, an extension fee of $7,750 will be assessed.
Note: The extension is for one time only and the new date for submission must be within 6 months of the previously scheduled date (for Magnet-designated organizations) and up to one year for new applicants.
Fees are subject to change
CLICK HERE FOR 2021 Magnet FEES FAQS
CLICK HERE TO DOWNLOAD A PDF VERSION OF THE 2021 MAGNET FEES
| APPLICATION FEE | |
| All Applicants | $5,750 |
| APPRAISAL REVIEW AND ANNUAL PAYMENTS | ||
| LICENSED BED SIZE: 1-399 | DUE | FEE |
|
Appraisal Fees All Annual Fees to be invoiced the anniversary month of decision. |
Document Submission | $29,075 |
| Year 1 Annual Payment* | $9,692 | |
| Year 2 Annual Payment* | $9,692 | |
| Year 3 Annual Payment* | $9,691 | |
| TOTAL FEES (excludes site visit travel and per diem) | $58,150 | |
| Application + Application Fee due for Redesignating Organizations | Year 3 Designation Month | See website at this time |
| Appraisal Fees | Year 4 Document Submission | |
*N/A if not designated
| APPRAISAL REVIEW AND ANNUAL PAYMENTS | ||
| LICENSED BED SIZE: 400-499 | DUE | FEE |
|
Appraisal Fees All Annual Fees to be invoiced the anniversary month of decision. |
Document Submission | $34,325 |
| Year 1 Annual Payment* | $11,442 | |
| Year 2 Annual Payment* | $11,442 | |
| Year 3 Annual Payment* | $11,442 | |
| TOTAL FEES (excludes site visit travel and per diem) | $68,650 | |
| Application + Application Fee due for Redesignating Organizations | Year 3 Designation Month | See website at this time |
| Appraisal Fees | Year 4 Document Submission | |
*N/A if not designated
| APPRAISAL REVIEW AND ANNUAL PAYMENTS | ||
| LICENSED BED SIZE: 500-649 | DUE | FEE |
|
Appraisal Fees All Annual Fees to be invoiced the anniversary month of decision. |
Document Submission | $39,050 |
| Year 1 Annual Payment* | $13,017 | |
| Year 2 Annual Payment* | $13,017 | |
| Year 3 Annual Payment* | $13,016 | |
| TOTAL FEES (excludes site visit travel and per diem) | $78,100 | |
| Application + Application Fee due for Redesignating Organizations | Year 3 Designation Month | See website at this time |
| Appraisal Fees | Year 4 Document Submission | |
*N/A if not designated
| APPRAISAL REVIEW AND ANNUAL PAYMENTS | ||
| LICENSED BED SIZE: 650-799 | DUE | FEE |
|
Appraisal Fees All Annual Fees to be invoiced the anniversary month of decision. |
Document Submission | $52,275 |
| Year 1 Annual Payment* | $17,425 | |
| Year 2 Annual Payment* | $17,425 | |
| Year 3 Annual Payment* | $17,425 | |
| TOTAL FEES (excludes site visit travel and per diem) | $104,550 | |
| Application + Application Fee due for Redesignating Organizations | Year 3 Designation Month | See website at this time |
| Appraisal Fees | Year 4 Document Submission | |
*N/A if not designated
| APPRAISAL REVIEW AND ANNUAL PAYMENTS | ||
| LICENSED BED SIZE: 800-949 | DUE | FEE |
|
Appraisal Fees All Annual Fees to be invoiced the anniversary month of decision. |
Document Submission | $60,625 |
| Year 1 Annual Payment* | $20,209 | |
| Year 2 Annual Payment* | $20,208 | |
| Year 3 Annual Payment* | $20,208 | |
| TOTAL FEES (excludes site visit travel and per diem) | $121,250 | |
| Application + Application Fee due for Redesignating Organizations | Year 3 Designation Month | See website at this time |
| Appraisal Fees | Year 4 Document Submission | |
*N/A if not designated
| APPRAISAL REVIEW AND ANNUAL PAYMENTS | ||
| LICENSED BED SIZE: 950+ $70 for each bed over 950 |
DUE | FEE |
|
Appraisal Fees All Annual Fees to be invoiced the anniversary month of decision. |
Document Submission | $68,125 |
| Year 1 Annual Payment* | $22,709+ | |
| Year 2 Annual Payment* | $22,708+ | |
| Year 3 Annual Payment* | $22,708+ | |
| TOTAL FEES (excludes site visit travel and per diem) | Pending actual bed size |
|
| Application due for Redesignating Organizations | Year 3 Designation Month | See website at this time |
| Appraisal Fees | Year 4 Document Submission | |
*N/A if not designated
| APPRAISAL REVIEW AND ANNUAL PAYMENTS | ||
| AMBULATORY | DUE | FEE |
|
Appraisal Fees All Annual Fees to be invoiced the anniversary month of decision. |
Document Submission | $31,700 |
| Year 1 Annual Payment* | $10,567 | |
| Year 2 Annual Payment* | $10,567 | |
| Year 3 Annual Payment* | $10,566 | |
| TOTAL FEES (excludes site visit travel and per diem) | $63,400 | |
| Application due for Redesignating Organizations | Year 3 Designation Month | See website at this time |
| Appraisal Fees | Year 4 Document Submission | |
*N/A if not designated
Change in Document Submission Fee
The date selected (on the application form) by the applicant organization for documentation submission is confirmed once the application is processed by the Magnet Program Office. The date selected is significant and is considered a reservation for your documentation submission. Specific coordination of scheduled conference calls and communication centers around this date. The date is also used by the Magnet Program Office to assure timely communication about the application phase and to prepare the organization for documentation submission, including selection of the appraisal team. If at a later time the organization decides to change the documentation submission date (e.g., by either requesting an earlier document submission date or requesting an extension), a fee of $7,750.00 will be assessed.
The new submission date can only be selected from the established submission dates indicated on the website: February, April, June, August, or October; first day of the month, unless it falls on a weekend or holiday, then the next available business day applies. The Change in Submission Date requests must be submitted no later than two months prior to the current scheduled documentation submission date. The Change in Submission Date request is one-time only.
For redesignating organizations:
- If requesting to change submission date to an earlier cycle, the new date for submission must be within six (6) months of the previously scheduled date
- A request for an extension can be up to six (6) months from the previously scheduled date
For initial applicants:
- If requesting to change submission date to an earlier cycle, the new date for submission must be within six (6) months of the previously scheduled date
- A request for an extension can be up to one year from the previously scheduled date
CLICK HERE TO DOWNLOAD A PDF VERSION OF THE 2021 MAGNET FEES
Updated January 29, 2021