Louisiana Administrative Code
Title 48 - PUBLIC HEALTH-GENERAL
Part XXV - Mergers, Acquisitions, and Re-Organization
Chapter 5 - Certificates of Public Advantage
Section XXV-519 - Revocation

Universal Citation: LA Admin Code XXV-519

Current through Register Vol. 50, No. 9, September 20, 2024

A. If at any time, the attorney general receives information indicating that agreement is not is not resulting in lower health care costs or greater access to or quality of health care than would occur in absence of the agreement as provided for in R.S. 40:2254.6, the attorney general shall hold a hearing upon 120 days notice to the affected parties. Any action for certificate revocation shall be conducted in accordance with the provisions of RS. 40:2254.6.

B. Notwithstanding any other provision of this Part, any amendment or alteration to an approved cooperative, merger, or consolidation agreement and any material change in the operations or conduct of any party to a cooperative, merger, joint venture, or consolidation shall be considered a new agreement and shall not take effect or occur until the attorney general has approved the amendment, alteration, or change.

AUTHORITY NOTE: Promulgated in accordance with R.S. 40:2254.1 et seq.

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