Sec. 5. (a) A hospital that is a party to a merger agreement for at least five (5) years that was issued a certificate of public advantage by the state department under this chapter may voluntarily terminate the certificate of public advantage by filing notice of termination with the state department in a manner prescribed by the state department at least thirty (30) days before the hospital's requested date of termination of the certificate.
(b) The state department shall grant a properly filed notice of termination request made by a hospital under this section.
As added by P.L.104-2021, SEC.2.
Structure Indiana Code
Chapter 15. Certificate of Public Advantage of Hospital Mergers
16-21-15-0.5. Findings; Applicability
16-21-15-1. Application of Chapter
16-21-15-1.5. "Merger"; "Merger Agreement"
16-21-15-2. Affect on Antitrust Immunity; Requirements for Subsequent Purchases
16-21-15-3. Merger Agreement Application; Requirements; Filing; Fees; Costs
16-21-15-5. Termination of Certificate
16-21-15-6. Annual Review; Expiration; Costs
16-21-15-7. Monitoring of Hospital; Costs; Charges for Hospital Services; Investment of Cost Savings
16-21-15-9. Authority Over Hospitals Granted a Certificate; Deficiency Notice; Investigations