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WAC 246312020 Definitions. \” Acquisition of a nonprofit hospital\” means an acquisition by a person of an interest in a nonprofit hospital, whether by a purchase, merger, lease, gift, joint venture,
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WAC 246-312-020 defines the term 'acquisition' as the process of obtaining ownership or control of a healthcare facility or service.
Individuals or entities seeking to acquire ownership or control of a healthcare facility must file WAC 246-312-020.
To fill out WAC 246-312-020, follow the specified format available on the official form, providing all required information accurately.
The purpose of WAC 246-312-020 is to provide a clear definition of acquisition in the context of healthcare facility ownership transfer, ensuring regulatory compliance.
Required information includes details of the parties involved in the acquisition, the nature of the acquisition, and any relevant financial disclosures.
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