Indiana § 16-21-18-2 "Indiana nonprofit hospital system"

Indiana Statutes

§ 16-21-18-2 — "Indiana nonprofit hospital system"

Indiana·Title 16 HEALTH·Art. 21 HOSPITALS·Ch. 18 Hospital Statewide Average Rate Study and Pricing

For purposes of this chapter, "Indiana nonprofit hospital system" means a hospital that:

(1)is organized as a nonprofit corporation or a charitable trust under Indiana law or the laws of any other state or country and that is:

(A)eligible for tax exempt bond financing; or

(B)exempt from state or local taxes;

(2)is licensed under IC 16-21-2;

(3)filed jointly one (1) hospital audited financial statement with the Indiana department of health in 2021; and

(4)has an annual patient service revenue derived in Indiana of at least two billion dollars ($2,000,000,000) based on the hospital system's most recently submitted audited financial statements submitted under IC 16-21-6-13. As used in this subdivision, "patient service revenue" includes similar terms, including net patient service reven

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For purposes of this chapter, "Indiana
nonprofit hospital system" means a hospital that:
(1) is organized as a nonprofit corporation or a charitable trust
under Indiana law or the laws of any other state or country and
that is:
(A) eligible for tax exempt bond financing; or
(B) exempt from state or local taxes;
(2) is licensed under IC 16-21-2;
(3) filed jointly one (1) hospital audited financial statement with
the Indiana department of health in 2021; and
(4) has an annual patient service revenue derived in Indiana of at
least two billion dollars ($2,000,000,000) based on the hospital
system's most recently submitted audited financial statements
submitted under IC 16-21-6-13. As used in this subdivision,
"patient service revenue" includes similar terms, including net
patient service revenue and patient care service revenue.

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