House Bill No. 2295 aims to regulate the transfer of hospital licenses in Oklahoma, specifically prohibiting the transfer of public trust hospital licenses from one address to another if the new location is more than fifteen miles away, provided the hospital is situated in a community with a population of fewer than 30,000 residents. The bill establishes administrative requirements for mediation in the event of a hospital closure, where mediators will determine a sales price for the hospital if the municipality and the hospital cannot reach an agreement. Additionally, it mandates that trustees of the hospital certify they have no conflicts of interest or financial benefits from prospective owners if the hospital is sold.

Furthermore, the bill requires all public trust hospital trustees to complete a trustee education program approved by a statewide hospital organization, leading to certification as a Certified Hospital Trustee. This education must begin within ninety days of their appointment. The act is set to take effect on November 1, 2025.