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Ind. Code § 16-21-18-2

"Indiana nonprofit hospital system"

As added by P.L.216-2025, SEC.35.

Sec. 2. 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.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.