§ 19-711.3. Current financing moneys in return for discounted rates deemed security
West's Annotated Code of MarylandHealth--General
MD Code, Health - General, § 19-711.3
§ 19-711.3. Current financing moneys in return for discounted rates deemed security
In any case where a health maintenance organization is being merged or consolidated with or acquired by another person, any current financing money provided by the health maintenance organization to a hospital, in accordance with regulations adopted by the Health Services Cost Review Commission, in return for a discount in rates charged by the hospital shall be deemed to be security for the amount of outstanding charges owed by the health maintenance organization to the hospital for bills or claims for services provided by the hospital prior to the merger, consolidation, or acquisition.
Credits
Added by Acts 1993, c. 617, § 1, eff. May 27, 1993.
MD Code, Health - General, § 19-711.3, MD HEALTH GEN § 19-711.3
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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