google bot detected Certificate Of Need Con Laws | Insurance Glossary |

Certificate Of Need Con Laws

Definition of "Certificate of need (con) laws"

Bob & Cyndi Elders
  Keller Williams Realty

Federal legislation passed in 1974 that mandated that legislators in all states that are in receipt of federal funds for health care review and approve any planned capital expenditures to be undertaken by health care institutions. Capital expenditures was defined as the purchase of major medical equipment and/or the expansion of physical facilities.

Related Real Estate Glossary terms

Related Real Estate FAQ