Md. Code, Health-Gen. § 19-216

Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024
Section 19-216 - Required reports of facilities
(a) At the end of the fiscal year for a facility, at least 120 days following a merger or a consolidation, and at any other interval that the Commission sets, the facility shall file:
(1) A balance sheet that details its assets, liabilities, and net worth;
(2) A statement of income and expenses;
(3) The most recent Form 990 that the facility filed with the Internal Revenue Service; and
(4) Any other report that the Commission requires about costs incurred in providing services.
(b)
(1) A report under this section shall:
(i) Be in the form that the Commission requires;
(ii) Conform to the uniform accounting and financial reporting system adopted under this subtitle; and
(iii) Be certified by the facility's certified public accountant.
(2) If the Commission requires, responsible officials of a facility also shall attest that, to the best of their knowledge and belief, the report has been prepared in conformity with the uniform accounting and financial reporting system adopted under § 19-211 of this subtitle.

Md. Code, HG § 19-216

Amended by 2016 Md. Laws, Ch. 49,Sec. 1, eff. 7/1/2016.