Ind. Gov. Braun Signs Nonprofit Hospital Bill

A bill in Indiana that requires some hospitals to lower their prices or lose their nonprofit status has been signed into law by Governor Mike Braun. The new law requires nonprofit hospital systems to submit audited financial statements to the state department and lower inpatient and outpatient prices to the statewide average or lower. Nonprofit hospital systems have until June 30, 2029 to comply with the new law or face forfeiting their status. Click here to read more details from the Indiana General Assembly about the law.