(a) An application for a certificate of authority will be processed in compliance with §1.809 of this title (relating to HMO Certificate of Authority).(b) After completion of the department's review of documents, the department may perform quality of care and financial examinations. If a hearing is held in compliance with §1.809 of this title, then the examinations must occur before the date of the hearing. The commissioner may request a copy of the most recent financial examination report issued by the domiciliary regulator of an applicant that is a foreign HMO, instead of conducting a financial examination.