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Session Laws, 1999
Volume 796, Page 3873   View pdf image
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accordance with the rate review and approval procedures provided in [§ 19-217] §
19-220 of this subtitle and the regulations of the Commission.

(3) The Commission may provide, as appropriate, for temporary
adjustment of the rates of those hospitals that are directly involved in the merger or
consolidation, closure, or delicensure in order to provide sufficient funds for an
orderly transition. These funds may include:

(i) Allowances for those employees who are or would be displaced;

(ii) Allowances to permit a surviving institution in a merger to
generate capital to convert a closed facility to an alternate use;

(iii) Any other closure costs as defined in § 16A of Article 43C of the

Code; or

(iv) Agreements to allow retention of a portion of the savings that
result for a designated period of time.

[19-207.2:] 19-223.

The Commission shall assess a fee on all hospitals whose rates have been
approved by the Commission to pay for:

(1) The amounts required by subsection (j) of § 16A of Article 43C of the
Code with respect to public body obligations or closure costs of a closed or delicensed
hospital as defined in Article 43C, § 16A of the Code; and

(2) Funding the Hospital Employees Retraining Fund.
[19-220.] 19-224.

(a) This section applies to each person [who] THAT is concurrently:

(1) A trustee, director, or officer of any nonprofit facility in this State;

and

(2) An employee, partner, director, officer, or beneficial owner of 3
percent or more of the capital account or stock of:

(i) A partnership;

(ii) A firm;

(iii) A corporation; or

(iv) Any other business entity.

(b) Each person specified in subsection (a) of this section shall file with the
Commission an annual report that discloses, in detail, each business transaction
between any business entity specified in subsection (a)(2) of this section and any
facility that the person serves as specified in subsection (a)(1) of this section, if any of
the following is $10,000 or more a year:

 

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Session Laws, 1999
Volume 796, Page 3873   View pdf image
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