Indiana § 16-21-18-7 Indiana nonprofit hospital price requirements; violations; forfeiture of
nonprofit status; reestablishment of nonprofit status; review of
determination

Indiana Statutes

§ 16-21-18-7 — Indiana nonprofit hospital price requirements; violations; forfeiture of nonprofit status; reestablishment of nonprofit status; review of determination

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

(a)Not later than June 30, 2029, an Indiana nonprofit hospital system's aggregate average inpatient and outpatient hospital prices shall at least be equal to or less than the statewide average inpatient and outpatient hospital prices determined by the office of management and budget under this chapter.

(b)If the Indiana nonprofit hospital system violates subsection (a), the Indiana nonprofit hospital system shall forfeit its nonprofit status for purposes of IC 6 for at least one (1) year.

(c)An Indiana nonprofit hospital system that forfeits its status as a nonprofit hospital under subsection (b) may reestablish the Indiana nonprofit hospital system's nonprofit tax exempt status under IC 6 if the office of management and budget determines that the Indiana nonprofit hospital system's ave

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(a) Not later than June 30, 2029, an Indiana
nonprofit hospital system's aggregate average inpatient and outpatient
hospital prices shall at least be equal to or less than the statewide
average inpatient and outpatient hospital prices determined by the
office of management and budget under this chapter.
(b) If the Indiana nonprofit hospital system violates subsection (a),
the Indiana nonprofit hospital system shall forfeit its nonprofit status
for purposes of IC 6 for at least one (1) year.
(c) An Indiana nonprofit hospital system that forfeits its status as a
nonprofit hospital under subsection (b) may reestablish the Indiana
nonprofit hospital system's nonprofit tax exempt status under IC 6 if the
office of management and budget determines that the Indiana nonprofit
hospital system's average inpatient and outpatient hospital prices
comply with this section.
(d) An Indiana nonprofit hospital system's forfeiture of its status as
a nonprofit hospital under this section is subject to IC 4-21.5.

Indiana § 16-21-18-7 (Indiana nonprofit hospital price requirements; violations; forfeiture of nonprofit status; reestablishment of nonprofit status; review of determination) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.