Allows Massachusetts non-profit hospitals to invest in health care providers to improve efficiency and reduce costs.
This bill amends Chapter 176A of the General Laws to allow non-profit hospitals in Massachusetts to invest in other health care providers. The investments aim to improve efficiency, reduce costs, and increase benefits. Hospitals can make loans, guarantee loans, and make investments after authorization by their board of directors or a designated committee.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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