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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Notwithstanding the fact that a merger or consolidation may limit free economic competition, the Commission may approve the merger or consolidation of 2 or more hospitals if the merger or consolidation:
(1) Is not inconsistent with the State health plan or any institution-specific plan;
(2) Will result in the delivery of more efficient and effective hospital services; and
(3) Is in the public interest.
(b) Notwithstanding the fact that a merger or consolidation or the joint ownership and operation of major medical equipment may limit free economic competition, a hospital may engage in a merger or consolidation or the joint ownership of major medical equipment that has been approved by the Commission under this section.
Cite this article: FindLaw.com - Maryland Code, Health-General § 19-129 - last updated January 01, 2025 | https://codes.findlaw.com/md/health-general/md-code-health-gen-sect-19-129/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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