Health - Licensure of Hospitals - Ownership Requirements

Requiring that hospitals, to qualify for a license on or after October 1, 2026, qualify as a nonprofit organization under federal law and be registered as a nonprofit organization with the State; requiring hospitals that receive licensure on or after October 1, 2026, to maintain status as a nonprofit organization as a condition of licensure; and providing that, on or after October 1, 2026, the ownership of a licensed hospital may be transferred only to a nonprofit organization.