Maine LD2197 prohibits the sale and leaseback of a health care entity's main campus to a real estate investment trust, except for hospitals leasing.
Maine LD2197 enacts a prohibition on the sale and leaseback of a health care entity's main campus to a real estate investment trust, as recommended by a commission evaluating health care transactions. This applies to health care providers, facilities, and provider organizations, excluding nursing facilities. The prohibition takes effect for new leases after July 1, 2026, but hospitals leasing their main campus from a real estate investment trust before this date are exempt.
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