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<section article="gec" article_name="Economic Development" number="10-347" title_number="10" title_name="Statewide Development Resources and Revenue Authorities" subtitle_number="3" subtitle_name="Maryland Health and Higher Educational Facilities Authority">
  <level label="a">
    <text>The Health Services Cost Review Commission may determine to provide for the payment of all or part of the reasonable closure costs of a hospital having outstanding public obligations if the Health Services Cost Review Commission determines that the payment is necessary or appropriate to:</text>
    <level label="1">
      <text>encourage and assist the hospital to close; or</text>
    </level>
    <level label="2">
      <text>implement the Program created by this part.</text>
    </level>
  </level>
  <level label="b">
    <text>In making the determinations under subsection (a) of this section, the Health Services Cost Review Commission shall consider:</text>
    <level label="1">
      <text>the system–wide savings to the State health care system expected to result from the closure or delicensure of the hospital during the longer of:</text>
      <level label="i">
        <text>the period when the fee will be assessed to provide for the payment of the closure costs or any bond issued to finance the closure costs; or</text>
      </level>
      <level label="ii">
        <text>5 years after the date of closure or delicensure; and</text>
      </level>
    </level>
    <level label="2">
      <text>the recommendations of the Maryland Health Care Commission and the Authority.</text>
    </level>
  </level>
  <level label="c">
    <text>Within 60 days after receiving the notice of closure or delicensure required by § 10–344(a)(1)(i) or (b) of this subtitle, the Health Services Cost Review Commission shall:</text>
    <level label="1">
      <text>determine whether to provide for the payment of all or a part of the closure costs of the hospital in accordance with this section; and</text>
    </level>
    <level label="2">
      <text>give written notification of its determination to the Maryland Health Care Commission and the Authority.</text>
    </level>
  </level>
  <level label="d">
    <text>This section does not require the Health Services Cost Review Commission to provide for the payment of any closure costs of a closed or delicensed hospital.</text>
  </level>
  <level label="e">
    <text>In a proceeding involving the validity or enforceability of a bond issued to finance closure costs or any security for the bond, the determinations of the Health Services Cost Review Commission under this section are conclusive and binding.</text>
  </level>
</section>
