N.J. Admin. Code § 8:96-9.2
Current through Register Vol. 56, No. 12, June 17, 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.
N.J. Admin. Code § 8:96-9.2