Texas Health and Safety Code
§ 242.074 — NOTIFICATION OF CHANGE IN FINANCIAL CONDITION
HS § 242.074Title 4. HEALTH FACILITIES · Part B. LICENSING OF HEALTH FACILITIES · Ch. 242. CONVALESCENT AND NURSING FACILITIES AND RELATED INSTITUTIONS · Art. C. GENERAL ENFORCEMENT
Statute text
View on source(a)An institution shall notify the department of a significant change in the institution's financial position, cash flow, or results of operation that could adversely affect the institution's delivery of essential services, including nursing services, dietary services, and utilities, to residents of the institution.
(b)The department may verify the financial condition of an institution in order to identify any risk to the institution's ability to deliver essential services.
(c)A person that knowingly files false information under this section may be prosecuted under the Penal Code.
(d)The executive commissioner shall adopt rules to implement this section. The rules shall include the conditions that constitute a significant change in an institution's financial condition that are required to be reported under Subsection (a).
(e)The information obtained by the department under this section is confidential and is not subject to disclosure under Chapter 552, Government Code. The department may release the information to:
(1)the institution; or
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Legislative history
Acts 2015, 84th Leg., R.S., Ch. 1 (S.B. 219), Sec. 3.0623, eff. April 2, 2015.