Health - Licensure of Hospitals - Ownership Requirements

HB 599 requires hospitals seeking a new license or undergoing ownership changes after October 1, 2026, to be federally recognized nonprofit organizations registered with the state. Specifically, it mandates that hospitals qualifying for licensure on or after that date must operate as nonprofits under federal law and maintain that status as a condition of their license. The bill also prohibits transferring ownership of any licensed hospital after October 1, 2026, to any entity other than another nonprofit organization. This directly affects hospitals seeking new licenses, renewing licenses, or changing ownership in Maryland after the effective date.