Physician-owned hospital
Physician-owned hospital means any participating hospital (as defined in 489.24) in which a physician, or an immediate family member of a physician (as defined in 411.351 of this chapter), has an ownership or investment interest in the hospital. The ownership or investment interest may be through equity, debt, or other means, and includes an interest in an entity that holds an ownership or investment interest in the hospital. This definition does not include a hospital with physician ownership or investment interests that satisfy the requirements at 411.356 or (b) of this chapter.