The district shall provide for:
(1) the establishment of a hospital or hospital system in the district to provide medical and hospital care and treatment and related services to district residents by:
(A) purchasing, constructing, acquiring, repairing, or renovating buildings, facilities, and improvements; and
(B) equipping the buildings, facilities, and improvements for hospital purposes; and
(2) the operation, maintenance, and administration of the hospital or hospital system for hospital purposes.