Defines "merger" and "merger agreement" for purposes of the certificate of public advantage (certificate) for certain hospital mergers. Requires the state department of health (state department) to actively supervise a merger. Allows the state department to enter into an agreement with a nonprofit organization or a postsecondary educational institution to study the impacts of the certificate of public advantage on the community's health metrics and outcomes. Requires holders of a certificate to pay for reasonable charges incurred by the state department.
Indiana SB 298 (2022) — Certificates of public advantage.
Defines "merger" and "merger agreement" for purposes of the certificate of public advantage (certificate) for certain hospital mergers. Requires the state department of health (state department) to actively supervise a merger. Allows the state department to enter into an agreement with a nonprofit organization or a postsecondary educational institution to study the impacts of the certificate of public advantage on the community's health metrics and outcomes. Requires holders of a certificate to pay for reasonable charges incurred by the state department.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Engrossed Senate Bill (H) (committee substitute) — source
Enrolled Senate Bill (S) (committee substitute) — source
Introduced Senate Bill (S) (committee substitute) — source