AN ACT RELATING TO HEALTH AND SAFETY -- THE HOSPITAL CONVERSIONS ACT

Summary

The bill lets the state’s superior court order a hospital into receivership when the attorney general or health department shows the hospital is mismanaged, financially distressed, illegal, or endangering patient safety. A court‑appointed receiver can take control, preserve assets, and sell them to pay debts, with any leftovers returned to shareholders. This aims to safeguard health care services and protect patients.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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