§ 19–216
Statutes in effect as of October 1, 2026.
Md. Code Ann., Health-Gen. § 19-216 (2026)
Title 19. Health Care Facilities
Subtitle 2. Health Services Cost Review Commission
§ 19–216LinkCopy Citation
(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.