Nonprofit entities; public meeting prior to disposition of assets. (HB1037)
Introduced By
Del.
Danny Marshall (R-Danville)
Danny Marshall
(R-Danville)
Served: 2002–
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Sale or conversion of nonprofit hospitals; public hearing. Requires the administrator or owner of any nonprofit hospital that is entering into a contract for sale of the hospital to a for-profit entity to hold a public hearing at least six months before the sale or conversion in the locality where the hospital is located and present the following: (i) any changes to be made in the staffing of the hospital, and (ii) a business plan explaining how the sale or conversion will affect the community. Also, specifies that no member of the nonprofit hospital's board of directors may serve on a newly established private foundation's board of directors. View Full Text »
Outcome
Video
Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/17/2008, 01/29/2008, 01/29/2008, 01/30/2008, 01/30/2008, 01/31/2008, 02/01/2008, 02/01/2008, 02/04/2008, 02/04/2008, 02/12/2008, 02/19/2008, 02/19/2008, 02/20/2008, 02/25/2008, 02/26/2008, 02/26/2008 and 03/06/2008.
Comments
This should also be required of non-profit to another non-profit. Recently in Loudoun, Loudoun Hospital was "sold" to INOVA and is now run by INOVA. There was no business plan or public hearings held, that I am aware of. I believe that the citizens would have been better served by allowing other hospitals to look at "buying" the local hospital. Again the board of directors or administrator was able to move from one organization to another. Hmmmm!!!