Certificate Of Need (con) Laws

Definition of "Certificate of need (con) laws"

Debbie Layman real estate agent

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Debbie Laymanelite badge icon

Village Real Estate HBV

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.

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