This bill establishes a judicial process for appointing a receiver to manage a hospital that has closed or is at imminent risk of closure without following the required certificate of need (CN) process. It allows the Commissioner of Health, the Attorney General, or the municipality where the hospital is located to file a civil action in the Superior Court if a hospital closes without obtaining a CN or is threatening to close without applying for one. The action must detail the circumstances of the closure, confirm that the hospital's owners have been notified, and outline what is needed to keep the hospital operational. An affirmative defense is available if the hospital has filed for a CN and restored services while awaiting a decision.

If the court finds the need for immediate action, it can appoint a receiver who will have the authority to take control of the hospital's operations or direct existing management to restore services. The receiver is tasked with ensuring the hospital continues to function and provide care to patients, and they must be approved by the Department of Health, excluding anyone with a financial interest in the hospital. The bill also stipulates that the receiver can be compensated from the hospital's revenues and may be required to post a bond, with the costs of the bond being borne by those responsible for the hospital's CN violations.