Indiana Statutes
§ 16-51-1-4 — "Indiana nonprofit hospital system"
As used in 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 of at least two billion
dollars ($2,000,000,000) based on the hospital system's 2021
audited financial statement filed with the Indiana department of
health. As used in this subdivision, "patient service revenue"
includes similar terms, including net patient service revenue and
patient care service re
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Legislative History
As added by P.L.203-2023, SEC.18.
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