Mr. Donohue discusses the history of nonprofit hospital conversions in the United States and analyzes the National Association of Attorneys General's Model Conversion Act. In addition, this article surveys conversion-related legislation of 17 states plus the District of Columbia. Finally, Mr. Donohue recommends the implementation of adequate safeguards to insure that nonprofit hospital assets are maximized and to insure that the subsequent use of conversion proceeds continues to fulfill the original charitable mission of the nonprofit hospital.
Crossroads in Hospital Conversions - A Survey of Nonprofit Hospital Conversion Legislation,
Annals Health L.
Available at: http://lawecommons.luc.edu/annals/vol8/iss1/3