Administrative Rules of Montana
Department 37 - PUBLIC HEALTH AND HUMAN SERVICES
Chapter 37.106 - HEALTH CARE FACILITIES
Subchapter 37.106.8 - Licensing of Specialty Hospitals
Rule 37.106.812 - JOINT VENTURE RELATIONSHIP REQUIREMENTS
Universal Citation: MT Admin Rules 37.106.812
Current through Register Vol. 18, September 20, 2024
(1) Each specialty hospital must have a joint venture relationship with a hospital or a signed statement from a nonprofit hospital in the community acknowledging that the hospital declined a bona fide, good faith opportunity to participate in a joint venture with the specialty hospital applicant.
(2) To qualify as a joint venture, the agreements must contain the following four elements:
(a) an express agreement or contract creating
and defining the joint venture;
(b)
a common purpose among the parties;
(c) community of interest; and
(d) equal right to control of the
venture.
50-5-103, 50-5-245, MCA; IMP, 50-5-245, MCA;
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