(1) When an ICF/ID fails to pay an assessment or penalty in the amount or on the date required by this article, the department may add interest at the rate provided in section 806 of the act of April 9, 1929 (P.L. 343, No. 176),¹ known as The Fiscal Code, to the unpaid amount of the assessment or penalty from the date prescribed for its payment until the date it is paid.

(2) When an ICF/ID fails to file a report or to furnish records to the department as required by this article, the department may impose a penalty against the ICF/ID in the amount of $1,000 per day for each day the report or required records are not filed or furnished to the department.

(3) When an ICF/ID fails to pay all or part of an assessment or penalty within 60 days of the date that payment is due, the department may terminate the ICF/ID from participation in the medical assistance program and/or deduct the unpaid assessment or penalty and any interest owed thereon from any payments due to the ICF/ID until the full amount is recovered. Any such termination or payment deduction shall be made only after written notice to the ICF/ID.

(4) The secretary may waive all or part of the interest or penalties assessed against an ICF/ID pursuant to this article for good cause as shown by the ICF/ID.