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§ 10-467. Final determination of financial difficulty

West's Annotated Code of MarylandHuman ServicesEffective: October 1, 2007

West's Annotated Code of Maryland
Human Services (Refs & Annos)
Title 10. Department of Aging (Refs & Annos)
Subtitle 4. Continuing Care (Refs & Annos)
Part VII. Financial Review (Refs & Annos)
Effective: October 1, 2007
MD Code, Human Services, § 10-467
§ 10-467. Final determination of financial difficulty
Currentness
In general
(a) Within 25 days after receipt of the Committee's recommendations, the Department shall consider the recommendations and make a final determination of whether financial difficulty exists and, if so, whether there is a significant risk of financial failure in accordance with § 10-469 of this subtitle.
Notice to provider
(b) If the Department determines that the provider is in financial difficulty it shall immediately notify the provider by certified mail, return receipt requested, and inform the provider whether the Department has determined that there is a significant risk of financial failure.
Meeting with representatives of subscribers
(c) The provider shall:
(1) advise its subscribers of the Department's determination in a meeting to be held by the provider with representatives of the subscribers;
(2) hold the meeting within 10 days after the provider's receipt of notice from the Department; and
(3) advise the Department of the date, time, and location of the meeting.

Credits

Added by Acts 2007, c. 3, § 2, eff. Oct. 1, 2007.
MD Code, Human Services, § 10-467, MD HUMAN SERV § 10-467
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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