Ind. Code § 27-1-46.5-5
This is the official text of Ind. Code § 27-1-46.5-5, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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"Indiana nonprofit hospital system"
Official statutory text
Sec. 5. As used in this chapter, "Indiana nonprofit hospital system" means a hospital system 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) filed jointly one (1) audited financial statement with the Indiana department of health in the preceding calendar year; and
(3) has an annual net 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 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 revenue.
As added by P.L.216-2025, SEC.46.
(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) filed jointly one (1) audited financial statement with the Indiana department of health in the preceding calendar year; and
(3) has an annual net 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 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 revenue.
As added by P.L.216-2025, SEC.46.
Status: in_force · Read it on the official government site
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