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02.05.01.00.htm 02.05.01.00. Title 02 OFFICE OF THE ATTORNEY GENERAL Subtitle 05 ACQUISITION AND CONVERSION OF NONPROFIT HOSPITALS Chapter 01 Applications for and Hearings on the Acquisition and Conversion of Nonprofit Hospitals Authority: State Government Article, §6.5-103, Annotated Code of Maryland
02.05.01.01.htm 02.05.01.01. 01 Scope.. This chapter applies to the conversion and acquisition of a nonprofit hospital and is intended to effectuate the provisions of State Government Article, Title 6.5, Annotated Code of Maryland, and is not intended to modify or conflict with the provisions of that title.
02.05.01.02.htm 02.05.01.02. 02 Definitions.. A. In this chapter, the following terms have the meanings indicated.. B. Terms Defined.. 1) "Acquisition" has the meaning stated in State Government Article, §6.5-101(b) Annotated Code of Maryland.2) "Application" means any documents or other materials filed with the Attorney General in accordance with State Government Article, §6.5-201, Annotated Code of Maryland, and Regulation .03 of this chapter.
02.05.01.03.htm 02.05.01.03. 03 Application.. A. A person that seeks to engage in an acquisition of a nonprofit health entity shall mail or deliver 30 complete copies of an application to the Office of the Attorney General, 200 St. Paul Place, Baltimore, Maryland 21202.B. The application shall include:. 1) The name, address, and designated representative of:. a) The transferor;. b) The transferee; and. c) Any other parties to the acquisition;. 2) All of the terms of the proposed acquisition, i
02.05.01.04.htm 02.05.01.04. 04 Financial and Community Impact Report and Other Expert Assistance.. A. The transferee shall file a financial and community impact report prepared by an independent expert that analyzes whether:1) The purchase price represents the fair value of the transferor;. 2) The fair value of the transferor will be paid in accordance with State Government Article, §6.5-301(b)2) Annotated Code of Maryland;3) Any part of the public or charitable assets that are subject to the acqu
02.05.01.05.htm 02.05.01.05. 05 Public Access to Documents.. A. Any person may request to inspect or copy all or part of an application or documents generated upon review of an application.B. Unless it conflicts with this chapter or State Government Article, Title 6.5, Annotated Code of Maryland, the Maryland Public Information Act, State Government Article, Title 10, Subtitle 6, Annotated Code of Maryland applies to public access to the application or documents generated upon review of an application, includ
02.05.01.06.htm 02.05.01.06. 06 Public Hearing.. A. Within 90 days of receiving a complete application, including all expert reports required or requested by the Attorney General, the Attorney General shall hold a public hearing in the jurisdiction in which the hospital to be acquired by the transferee is located. If the acquisition involves hospitals in more than one jurisdiction, the Attorney General shall hold at least one public hearing in each jurisdiction in which a hospital to be acquire
02.05.01.07.htm 02.05.01.07. 07 Decision.. A. Within 60 days after the record is closed, including the conclusion of any public hearings, submission of any expert reports, and consultation with the Department, the Attorney General shall issue a decision:1) Approving the application without modification;. 2) Approving the application with modification; or. 3) Disapproving the application.. B. For good cause, the Attorney General may extend the time for a decision for a 60-day period. Only
02.05.01.9999.htm 02.05.01.9999. Administrative History Effective date: December 12, 2002 (29:24 Md. R. 1918).
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