Revises regulation of certain health care facilities in New Jersey.

The bill revises regulation of health care facilities in New Jersey. It prohibits the Department of Health from issuing a certificate of need for the construction or expansion of a hospital if the proposed site of the hospital will be leased from a health care real estate investment trust. The bill provides an exemption for existing facilities that lease property from a health care REIT, and allows the Commissioner of Health to waive the prohibition for satellite facilities that provide outpatient services.

Revises regulation of certain health care facilities in New Jersey.

The bill revises regulation of health care facilities in New Jersey. It prohibits the Department of Health from issuing a certificate of need for the construction or expansion of a hospital if the proposed site of the hospital will be leased from a health care real estate investment trust. The bill provides an exemption for existing facilities that lease property from a health care REIT, and allows the Commissioner of Health to waive the prohibition for satellite facilities that provide outpatient services.