N.M. Code R. § 12.2.13.13

Current through Register Vol. 35, No. 11, June 11, 2024

Section 12.2.13.13 - NOTIFICATION OF DETERMINATION

A. The superintendent shall notify the submitting party in writing of the office's determination and the reasons for the determination.

B. The office shall approve the proposed transaction after the comprehensive review if the office determines:

(1) the parties to the proposed transaction have demonstrated that the transaction will benefit the public by:

(a) reducing the growth in patient costs, including premiums and out-of-pocket costs; or

(b) maintaining or increasing access to services, especially in medically underserved areas;

(2) the proposed transaction will improve health outcomes for New Mexico residents; and

(3) there is no substantial likelihood of:

(a) a significant reduction in the availability, accessibility, affordability or quality of care for patients and consumers of the health care services; or

(b) anti-competitive effects from the proposed transaction that outweigh the benefits of the transaction.

N.M. Code R. § 12.2.13.13

Adopted by New Mexico Register, Volume XXXV, Issue 09, May 7, 2024, eff. 5/15/2024