§ 23-17-46 - Financial interest disclosure.
SECTION 23-17-46
§ 23-17-46 Financial interest disclosure.– (a) Any health care facility licensed pursuant to this chapter which refersclients to another licensed health care facility or to a residentialcare/assisted living facility licensed pursuant to chapter 17.4 of this titleor to a certified adult day care program in which the referring entity has afinancial interest shall, at the time a referral is made, disclose, in writing,the following information to the client: (i) that the referring entity has afinancial interest in the facility or provider to which the referral is beingmade; (ii) that the client has the option of seeking care from a differentfacility or provider which is also licensed and/or certified by the state toprovide similar services to the client.
(2) The referring entity shall also offer the client awritten list prepared by the department of all alternative licensed and/orcertified facilities or providers.
(b) Noncompliance with this section shall constitute groundsto revoke, suspend or otherwise discipline the licensee or to deny anapplication for licensure by the director, or may result in imposition of anadministrative penalty in accordance with chapter 17.10 of this title.