Section 19-129 - Merger or consolidation of hospitals.

§ 19-129. Merger or consolidation of hospitals.
 

(a)  Facilities.- 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)  Equipment.- 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. 
 

[1985, ch. 109, § 2; 1988, ch. 6, § 1; 1999, ch. 702, § 2; 2001, ch. 565, § 2.]