N.J. Admin. Code § 8:96-2.1

Current through Register Vol. 56, No. 21, November 4, 2024

Section 8:96-2.1 - Issuance, submission to the Department, and internet posting of audited annual financial statements

(a) Within 180 days of the close of its reporting period, a hospital shall submit audited annual financial statements for that period to the Department pursuant to 26:2H-5.1b.

1. With respect to a health care system that does not issue hospital-specific audited annual financial statements for each of its system hospitals:

i. The system hospital or the health care system on behalf of the system hospital shall issue, submit to the Department, and post to each system hospital's website, an annual audited statement of operations or income, with respect to the system hospital; and

ii. The health care system shall submit to the Department annual audited financial statements for the health care system.

(b) Concurrent with the submission thereof to the Department in accordance with (a) above, a hospital shall post on the home page of its website direct links to its audited annual financial statements or, in the case of a hospital system that does not issue hospital-specific audited annual financial statements for each of its system hospitals, an annual audited statement of operations or income, with respect to the system hospital:

1. As a stand-alone document; or

2. At the page upon which they appear in either the EMMA(R) or the EDGAR systems.

N.J. Admin. Code § 8:96-2.1

Adopted by 50 N.J.R. 815(a), effective 2/5/2018