On Thursday, the South Carolina State Supreme Court heard arguments on whether or not the Department of Health and Environmental Control was justified in suspending the state's certificate of need program due to Governor Nikki Haley's veto of the $1.7 million needed to fund it, according to a report by The State.
The state House sustained Governor Haley's veto and the DHEC suspended the program. The South Carolina Hospital Association and South Carolina Health Care Association in conjunction with several hospital and nursing home companies have filed a law suit claiming that lack of funds does not invalidate a standing law.
Governor Haley supports the elimination of the program, favoring a free market approach rather than the regulation administered by a CON program.
The state Supreme Court is now tasked with deciding the fate of the program.
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The state House sustained Governor Haley's veto and the DHEC suspended the program. The South Carolina Hospital Association and South Carolina Health Care Association in conjunction with several hospital and nursing home companies have filed a law suit claiming that lack of funds does not invalidate a standing law.
Governor Haley supports the elimination of the program, favoring a free market approach rather than the regulation administered by a CON program.
The state Supreme Court is now tasked with deciding the fate of the program.
More Articles on Transactions and Valuation Issues:
10 High Impact Factors for ASC Valuation
5 Recent Surgery Center Plans, Openings & Expansions
Physicians Realty Trust Acquires Atlanta MOB