§323D-71 - Definitions.
[PARTVII.] HOSPITAL ACQUISITION
§323D-71 Definitions. For the purposeof this part, unless the context requires otherwise:
"Acquisition" means any acquisitionby a person or persons of an ownership or controlling interest in a hospital,whether by purchase, merger, lease, gift, or otherwise, that results in achange of ownership or control of twenty per cent or greater or which resultsin the acquiring person or persons holding a fifty per cent or greater interestin the ownership or control of that hospital.
"Agency" means the state healthplanning and development agency.
"Hospital" means an institution withan organized medical staff, regulated under section 321-11(10) which admitspatients for inpatient care, diagnosis, observation, and treatment, but doesnot include a public health facility under chapter 323F.
"Person" has the meaning found insection 323D-2. [L 1998, c 257, pt of §1; am L 2001, c 69, §1]