The trustees may appoint all persons necessary for the proper administration of the affairs of the hospital, and may incur all expenses necessary for the maintenance thereof.
The trustees shall deposit all monies received in payment or reimbursement for patient services into a general trust fund for the hospital. All monies so deposited may be expended without further appropriation. Any monies in such fund at the end of a fiscal year shall remain in such fund and shall not revert to the General Fund.
The monies from the general trust fund shall be expended in accordance with the following purposes:
Mass. Gen. Laws ch. 111, § 64E