clinics, and private health care providers shall continue to operate as private entities, but are prohibited from being investor owned. (2) Conversion of investor-owned providers For-profit providers of care opting to participate shall be required to convert to not-for-profit status. (3) Private delivery of care requirement For-profit providers of care that convert to non-profit status shall remain privately owned and operated entities. (4) Compensation for conversion The owners of such for-profit providers shall be compensated for reasonable financial losses incurred as a result of the conversion from for-profit to non-profit status. (5) Funding There are authorized to be appropriated from the Treasury such sums as are necessary to compensate investor-owned providers as provided for under paragraph (3). (6) Requirements The payments to owners of converting for-profit providers shall occur during a 15-year period, through the sale of U.S. Treasury Bonds. Payment for conversions under paragraph (3) shall not be made for loss of business profits. (7) Mechanism for conversion process The Secretary shall promulgate a rule to provide a mechanism to further the timely, efficient, and feasible conversion of for-profit providers of care. (b) Quality standards (1) In general Health care delivery facilities must meet State quality and licensing guidelines as a condition of participation under such program, including guidelines regarding safe staffing and quality of care. (2) Licensure requirements Participating clinicians must be licensed in their State of practice and meet the quality standards for their area of care. No clinician whose license is under suspension or who is under disciplinary action in any State may be a participating provider. (c) Participation of health maintenance organizations (1) In general Non-profit health maintenance organizations that deliver care in their own facilities and employ clinicians on a salaried basis may participate in the program and receive global budgets or capitation payments as