Current as of December 31, 2021 | Updated by FindLaw Staff
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The Commission shall:
(1) Require each facility to disclose publicly:
(i) Its financial position; and
(ii) As computed by methods that the Commission determines, the verified total costs incurred and revenue generated by the facility in providing health services;
(2) Review for reasonableness and certify the rates and revenue of each facility;
(3) Keep informed as to whether a facility has enough resources to meet its financial requirements;
(4) Concern itself with solutions if a facility does not have enough resources;
(5) Assure each purchaser of health care facility services that:
(i) The total costs of all hospital services offered by or through a facility are reasonable;
(ii) The aggregate rates of the facility are related reasonably to the aggregate costs of the facility; and
(iii) Rates are set equitably among all purchasers of services without undue discrimination;
(6) Develop guidelines for the establishment of global budgets for each facility under Maryland's all-payer model contract, including guidelines to prevent facilities from taking actions to meet a budget that the Commission determines would have adverse consequences for recipients or purchasers of services;
(7) Receive confirmation from Commission staff that facility global budget agreements, as they are developed, are consistent with the guidelines; and
(8) After review by the Commission for compliance with the guidelines, post each executed global budget agreement on the Commission's website.
Cite this article: FindLaw.com - Maryland Code, Health-General § 19-212 - last updated December 31, 2021 | https://codes.findlaw.com/md/health-general/md-code-health-gen-sect-19-212/
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 or via Westlaw before relying on it for your legal needs.
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