[PART VII.] HOSPITAL ACQUISITION
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/hi/part-vii-hospital-acquisition·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[PART VII.] HOSPITAL ACQUISITION
§323D-71 Definitions. For the purpose of this part, unless the context requires otherwise:
"Acquisition" means any acquisition by a person or persons of an ownership or controlling interest in a hospital, whether by purchase, merger, lease, gift, or otherwise, that results in a change of ownership or control of twenty per cent or greater or which results in the acquiring person or persons holding a fifty per cent or greater interest in the ownership or control of that hospital.
"Agency" means the state health planning and development agency.
"Hospital" means an institution with an organized medical staff, regulated under section 321-11(10) which admits patients for inpatient care, diagnosis, observation, and treatment, but does not include a public health facility under chapter 323F.
"Person" has the meaning found in section 323D-2. [L 1998, c 257, pt of §1; am L 2001, c 69, §1]