Is the proposed location of the ASTC a rural area under the rural provider exception in section 1877(d)(2) of the Act (referencing the rural definition in section 1886(d)(2)(D) of the Act)?
Physicians R Us (the “Company”) is proposing to build an ambulatory surgical treatment center (“ASTC”) that will provide outpatient ambulatory surgery and ancillary services. To help with financing the ASTC, Company intends to sell shares of the company to physician investors who will utilize the facility and refer patients to the ASTC (the “Proposed Arrangement”). […]