For purposes of this chapter, "Indiana nonprofit hospital system" means a hospital that:

1. (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:

   1. (A) eligible for tax exempt bond financing; or
   2. (B) exempt from state or local taxes;
2. (2) is licensed under IC 16-21-2 ;
3. (3) filed jointly one (1) hospital audited financial statement with the Indiana department of health in 2021; and
4. (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.