Section 19-216 - Required reports of facilities. - Maryland Statutes

§ 19-216. Required reports of facilities.
 

(a)  In general.- 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)  Form.-  

(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 as follows: 

1. For the University of Maryland Hospital, by the Legislative Auditor; or 

2. For any other facility, by its 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. 
 

[An. Code 1957, art. 43, § 568P; 1982, ch. 21, § 2; 1985, ch. 109, § 2; 1999, ch. 702, § 2; 2009, ch. 398.]