Hospitals and Health Care Facilities - As enacted, requires the attorney general, in making a decision as to whether to object to a public benefit hospital conveyance transaction, to consider whether the proceeds will be controlled as funds independently of the acquiring or related entities; makes certain exemptions. - Amends TCA Title 48, Chapter 68 and Title 68, Chapter 11.

Summary

The bill amends Tennessee’s hospital statutes to require that notice of a public‑benefit hospital conveyance be given at least 30 days before the deal closes. It also tells the attorney general to consider whether the sale proceeds will be kept separate from the buyer’s other assets when deciding whether to object. The changes aim to increase transparency and protect public‑benefit funds.

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

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