Ga. Comp. R. & Regs. 111-8-41-.03

Current through Rules and Regulations filed through October 29, 2024
Rule 111-8-41-.03 - Definitions

As used in these Rules, the term

(1) "Administrative Position" shall mean a non-clinical hospital employee or contractor, which shall include, but is not limited to, a management company or similar entity, with a gross annual salary or payment of $100,000 or more.
(2) "Affiliate" shall mean any hospital that is united; being in close connection, allied, associated, or attached as a member or branch to another hospital.
(3) "Captive Insurance Company" shall include any agency captive insurance company, association captive insurance company, captive insurance company, dormant captive insurance company, industrial insured captive insurance company, or pure captive insurance company as defined in O.C.G.A. § 33-41-2.
(4) "Hospital" shall mean a nonprofit hospital, a hospital owned or operated by a hospital authority, or a nonprofit corporation formed, created, or operated by or on behalf of a hospital authority.
(5) "Joint Venture" shall mean an enterprise shared between two or more entities. A joint venture is a business entity created by two or more business entities, which enter into an agreement to share funding, profits or losses, and control over the new entity.
(6) "Link" shall mean publicly-accessible single-click access from a prominent place on the webpage of either the Hospital or the department to the web location where the subject documents are posted.
(7) "Parent Corporation" shall mean a business entity that forms another business entity and retains ownership in the new entity. A parent corporation is a corporation that creates or acquires another business entity, retaining ownership or control in the new entity, which is the Subsidiary corporation.
(8) "Real Estate" shall mean the physical parcel of land, improvements to the land, improvements attached to the land, real fixtures, and appurtenances such as easements.
(9) "Real Property Holdings" shall mean the bundle of rights, interests, and benefits connected with the ownership of real estate. Real property does not include the intangible benefits associated with the ownership of real estate, such as the goodwill of a going business concern.
(10) "State Funds" shall mean state dollars, but shall not include funding necessary for the continued state participation in the federal Medicaid program.
(11) "Subsidiary" shall mean a company or companies organized by a parent corporation.
(12) "Subsidiary Holding Company" shall mean a company or companies organized by a parent corporation or a Subsidiary corporation to the parent corporation.

Ga. Comp. R. & Regs. R. 111-8-41-.03

O.C.G.A. § 31-7-22.

Original Rule entitled "Definitions" adopted. F. Dec. 12, 2019; eff. Jan. 1, 2020.