Establishes process to judicially appoint receiver to administer closed hospital.

This bill creates a legal process in New Jersey to quickly appoint a court-appointed receiver to take over a hospital that closes or stops essential services without following the required state approval rules. It directly affects the state Department of Health, city governments, and hospitals by giving them the authority to sue in court within three days to stop an unauthorized shutdown. If the court agrees that immediate action is needed, it can assign a neutral third party to manage the hospital's operations and ensure patient care continues while the situation is resolved. The law also requires that the person appointed to run the hospital cannot have any financial stake in the facility to prevent conflicts of interest.