Modifies several provisions relating to health care

Hospital investment authority was increased from 25% to 50% of funds not required for immediate disbursement, with the remainder restricted to investments allowed for the state treasurer.

The percentage threshold for hospital eligibility based on tax revenue was increased from 1% to 3% of annual revenues.

New requirements were added for physicians using telemedicine to establish a proper physician-patient relationship through in-person encounters, consultations, or specific telemedicine guidelines.

The bill now repeals and enacts thirty-one new sections instead of four, covering a wide range of health care topics beyond just hospital operations.

Hospital expansion and facility leasing rules were modified to remove references to chapters 205 and 206, changing the conditions under which hospitals can operate outside their original counties.