NOT-F0R-PROFIT HOSPITAL SALE
Synopsis of Bill as introduced:
Creates the Not-for-Profit Health Care Facility Sale Act.
Provides that a not-for-profit health care facility shall notify and
seek consent from the Attorney General before transferring its assets
or control to a for-profit entity. Provides that the Attorney General
shall hold a public hearing, evaluate the transaction, and determine
the effect on charitable health care in the area. Provides that if
consent is granted, the Department of Public Health shall monitor the
for-profit entity's operation of the facility to assess its continued
service to the community and submit a report to the Attorney General.
Effective January 1, 1999.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status