(a) The governor by executive order may establish a program to comply with federal law to review capital expenditures made by or on behalf of a health care facility if the governor finds that the program is necessary to prevent the loss of federal funds.
(b) The governor may authorize the program to negotiate an agreement on behalf of the state with the Secretary of Health and Human Services to administer a state capital expenditure review program under Section 1122 of the Social Security Act (42 U.S.C. § 1320a-1), the federal rules and regulations adopted under that Act, or other pertinent federal authority.

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(c) If necessary, the governor may use any available funds to implement the program.