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New Jersey Statutes, Title: 26, HEALTH AND VITAL STATISTICS

    Chapter 2H: Declaration of public policy

      Section: 26:2H-5.1b: Conditions for licensure of general hospital.

3. As a condition of licensure under P.L.1971, c.136 (C.26:2H-1 et al.), a general hospital shall:

a. provide monthly unaudited financial information and annual audited financial statements to the Department of Health, and such other financial information as the department may request; and

b. permit the Commissioner of Health, or a monitor appointed by the commissioner, as applicable, to oversee its financial operations, and, if the commissioner determines that the hospital is at risk of being in financial distress or is in financial distress based on criteria specified by regulation, participate in the development and implementation of a corrective plan to resolve the hospital's financial difficulties, pursuant to section 2 of P.L.2008, c.58 (C.26:2H-5.1a).

L.2008, c.58, s.3; amended 2012, c.17, s.160.

This section added to the Rutgers Database: 2012-09-26 13:37:49.

Older versions of 26:2H-5.1b (if available):

Court decisions that cite this statute: CLICK HERE.