Md. Code, Health-Gen. § 19-711.3
Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024
In any case where a health maintenance organization is being merged or consolidated with or acquired by another person, any current financing money provided by the health maintenance organization to a hospital, in accordance with regulations adopted by the Health Services Cost Review Commission, in return for a discount in rates charged by the hospital shall be deemed to be security for the amount of outstanding charges owed by the health maintenance organization to the hospital for bills or claims for services provided by the hospital prior to the merger, consolidation, or acquisition.
Md. Code, HG § 19-711.3