Code of Massachusetts Regulations
801 CMR - EXECUTIVE OFFICE FOR ADMINISTRATION AND FINANCE
Title 801 CMR 56.00 - Nonprofit Community Hospitals And Nonprofit Community Health Centers Moral Obligation Bond Financing
Section 56.05 - Preliminary Project Proposal

Universal Citation: 801 MA Code of Regs 801.56

Current through Register 1531, September 27, 2024

(1) Prior to filing a project proposal with the A&F Secretary, the borrower shall file a preliminary project proposal with the HHS Secretary, who shall review and evaluate the preliminary project proposal under the criteria listed in 801 CMR 56.05(2) and (3).

(2) The Preliminary Project Proposal should support one or more of the following policy goals:

(a) Promote integration and coordination of care;

(b) Promote care that is patient-centered;

(c) Develop capabilities necessary to implement alternative payment models;

(d) Improve the quality of care and health outcomes; and

(e) Relocate care to high quality, cost-efficient settings.

(3) Additionally, the preliminary project proposal should describe, in narrative format, how:

(a) The proposed project would support one or more of the policy goals of 801 CMR 56.05(2),

(b) The proposed project would create change that will be sustainable over time, and

(c) The borrower will measure and assess the project's success in meeting the policy goals of 801 CMR 56.05(2).

Trade secrets and commercial or financial information of the borrower submitted by the borrower in connection with the submission of a preliminary project proposal shall be kept confidential by all parties receiving such information to the extent required or permitted by law. Notwithstanding the foregoing, as a condition of participation in the program, the borrower shall consent to its application for financing, and any supporting documentation, to be provided to any third party lender as determined by the agency.

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