New Jersey Administrative Code
Title 8 - HEALTH
Chapter 96 - HOSPITAL FINANCIAL TRANSPARENCY
Subchapter 9 - ENFORCEMENT REMEDIES
Section 8:96-9.2 - Appointment of monitor
Universal Citation: NJ Admin Code 8:96-9.2
Current through Register Vol. 56, No. 6, March 18, 2024
If a hospital discloses to the Department a business transaction with an interested person pursuant to N.J.A.C. 8:96-6.1 and the Commissioner, upon consideration of the financial indicators detailed at N.J.S.A. 26:2H-5.1a and N.J.A.C. 8:31B-3, determines that a hospital is in, or is at risk of being in, financial distress, then the Commissioner may appoint, in consultation with the hospital, a monitor to prevent further financial deterioration of the hospital.
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