Ill. Admin. Code tit. 77 § 1235.220

Current through Register Vol. 49, No. 2, January 10, 2025

Section 1235.220 - Alternative Financing

a) A health care worker may invest in and refer to an entity if the State Board determines a demonstrated community need exists and alternative financing is not, or was not, available.

b) The health care worker must document that:

1)individuals who are not in a position to refer patients to an entity are or were given a bona fide opportunity to also invest in the entity on the same terms as those offered a referring health care worker [ 225 ILCS 47/20(b)(1)] ; and

2) the investment was not forthcoming.

c) Documentation shall consist of copies of all information that supports this position.

Ill. Admin. Code tit. 77, § 1235.220

Amended at 41 Ill. Reg. 15310, effective 12/5/2017