Section 51G of chapter 111 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding the following paragraph:-
(9) No original license shall be granted, or renewed, to establish or maintain an acute-care hospital, as defined in section 25B, if the entity operating the acute-care hospital is organized as a for-profit entity; provided, however, that any acute-care hospital that, as of April 1, 2024, is operating as a for-profit entity shall be exempt from the requirements of this subsection. An exempt acute-care hospital under this subsection shall maintain its exempt status after a transfer to any transferee and subsequent transferees. A transferee or subsequent transferee of an acute-care hospital that is exempt from the requirements of this subparagraph shall be issued a license if the transferee otherwise satisfies all other requirements for licensure under this chapter.
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