What is the minimum time frame allotted to inform ACHA of a Change of Ownership (CHOW)?

The minimum time frame to inform the Agency for Health Care Administration (ACHA) of a Change of Ownership (CHOW) is 60 days. This requirement ensures that the ACHA has sufficient time to process the necessary updates to licensing and regulatory oversight, which is critical for maintaining continuous compliance and safeguarding the health and safety of the public. Additionally, a 60-day window allows for a smooth transition of ownership, ensuring that all parties involved have adequate time to fulfill any administrative requirements related to the change.

In the context of healthcare facilities, timely communication about ownership changes is essential for the management of patient care and operational continuity. The state agency needs to be properly informed to maintain accurate records and manage any implications that the change in ownership might have on operations, financial responsibilities, and care standards.