Authorizes the University of Massachusetts Building Authority to purchase and construct a hospital in Norwood, to be operated by UMass Memorial.
This bill authorizes the University of Massachusetts Building Authority to purchase and construct a hospital in the town of Norwood, to be operated by UMass Memorial Health Care, Inc. It allows the trustees to transfer the management and control of the clinical division's operations and assets to one or more nonprofit corporations. The bill also outlines provisions for the transfer of assets, including the transfer of real property, equipment, and other assets. It mandates that the transferred corporation remains nonprofit and continues to provide acute care services in Norwood.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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