Ind. Code § 16-21-18-1 "Hospital"
Sec. 1. Except as provided in section 2 of this chapter, as used in this chapter, "hospital" refers to a hospital licensed under IC 16-21-2.
As added by P.L.216-2025, SEC.35.
Ind. Code ch. 16-21-18
Ind. Code ch. 16-21-18
in effectInd. Code § 16-21-18-2 "Indiana nonprofit hospital system"
Sec. 2. For purposes of this chapter, "Indiana nonprofit hospital system" means a hospital that:
(1) is organized as a nonprofit corporation or a charitable trust under Indiana law or the laws of any other state or country and that is:
(A) eligible for tax exempt bond financing; or
(B) exempt from state or local taxes;
(2) is licensed under IC 16-21-2;
(3) filed jointly one (1) hospital audited financial statement with the Indiana department of health in 2021; and
(4) has an annual patient service revenue derived in Indiana of at least two billion dollars ($2,000,000,000) based on the hospital system's most recently submitted audited financial statements submitted under IC 16-21-6-13. As used in this subdivision, "patient service revenue" includes similar terms, including net patient service revenue and patient care service revenue.
As added by P.L.216-2025, SEC.35.
Ind. Code § 16-21-18-3 "Prices"
Sec. 3. As used in this chapter, "prices" means the amounts that are paid for patient care services.
As added by P.L.216-2025, SEC.35.
Ind. Code § 16-21-18-4 Development of methodology to conduct study of commercial hospital prices; presentation to budget committee
Sec. 4. (a) The office of management and budget shall develop a methodology to conduct the study of commercial:
(1) inpatient hospital prices; and
(2) outpatient hospital prices;
including using Indiana hospital pricing data from calendar years 2023 and 2024 to determine Indiana's statewide average inpatient and outpatient hospital prices.
(b) The office of management and budget shall present the methodology to the budget committee for review.
As added by P.L.216-2025, SEC.35.
Ind. Code § 16-21-18-5 Study; report
Sec. 5. (a) Before June 30, 2026, the office of management and budget shall conduct the study described in section 4 of this chapter, using the methodology that was reviewed by the budget committee.
(b) The office of management and budget shall submit a report to the governor and to the general assembly in an electronic format under IC 5-14-6 of the office of management and budget's findings under the study.
As added by P.L.216-2025, SEC.35.
Ind. Code § 16-21-18-6 Provision of data by hospitals
Sec. 6. A hospital shall provide the office of management and budget in:
(1) the manner prescribed by the office of management and budget; and
(2) a timely manner;
with any data requested by the office of management and budget to conduct a study required under this chapter.
As added by P.L.216-2025, SEC.35.
Ind. Code § 16-21-18-7 Indiana nonprofit hospital price requirements; violations; forfeiture of nonprofit status; reestablishment of nonprofit status; review of determination
Sec. 7. (a) Not later than June 30, 2029, an Indiana nonprofit hospital system's aggregate average inpatient and outpatient hospital prices shall at least be equal to or less than the statewide average inpatient and outpatient hospital prices determined by the office of management and budget under this chapter.
(b) If the Indiana nonprofit hospital system violates subsection (a), the Indiana nonprofit hospital system shall forfeit its nonprofit status for purposes of IC 6 for at least one (1) year.
(c) An Indiana nonprofit hospital system that forfeits its status as a nonprofit hospital under subsection (b) may reestablish the Indiana nonprofit hospital system's nonprofit tax exempt status under IC 6 if the office of management and budget determines that the Indiana nonprofit hospital system's average inpatient and outpatient hospital prices comply with this section.
(d) An Indiana nonprofit hospital system's forfeiture of its status as a nonprofit hospital under this section is subject to IC 4-21.5.
As added by P.L.216-2025, SEC.35.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/16Fetched: 10/17/2026