(a) Contracts to perform any services for a medical facility issued an operating certificate or certificate of approval shall:

1. (1) be in writing, signed by an authorized representative of the facility and the person or agency providing the service and dated;
2. (2) include each party's responsibilities, functions, objectives, financial arrangements and charges;
3. (3) require compliance with all pertinent provisions of this Chapter;
4. (4) include the following language: “Notwithstanding any other provision in this contract, the facility remains responsible for ensuring that any service provided pursuant to this contract complies with all pertinent provisions of Federal, State and local statutes, rules and regulations.”

(b) Medical facilities are hereby authorized, subject to the provisions of this Chapter, to enter into contracts and make arrangements among themselves and among other municipal, State, Federal or privately owned hospitals, or any medical schools, or other health-related facilities having or utilizing hospital services or facilities, whether or not located in this State or elsewhere, for the:

1. (1) mutual use, or exchange of medical resources including, but not limited to, real or personal property or employment of personnel;
2. (2) joint purchases of goods, supplies and services; or
3. (3) development of medical information, techniques and facilities useful in the progress of the medical art; reduction of medical costs and promotion of a more efficient and effective approach to the delivery of health care services.