Disposal of Ownership Interests — Cessation of Referrals

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  1. On and after July 1, 1995, all physicians are required either to:
    1. Dispose of their ownership interests in entities outside their office practice at which they do not directly provide care or services when they have an investment interest in the entity unless the entity meets the requirements of § 63-6-602; or
    2. Cease referring patients to such entities.
  2. Physicians are encouraged to seek out potential buyers of a minority race before disposing of facilities or equipment regulated by this part. Upon request, the office of minority business enterprise in the department of economic and community development shall provide information relative to potential minority purchasers.


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