H.R. 3262 · 118th Congress
To amend title XI of the Social Security Act to increase transparency of certain health-related ownership…
Full title
To amend title XI of the Social Security Act to increase transparency of certain health-related ownership information.
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SchakowskySponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires certain health care entities to disclose specific information about their ownership and finances.
What it does: CRS summary · Introduced in House · May 11, 2023
This bill requires certain health care entities to disclose specific information about their ownership and finances.
Specifically, the bill requires entities, subject to civil penalties, to annually report to the Department of Health and Human Services (HHS) information relating to mergers, acquisitions, and changes in ownership over the previous year, as well as information on the entity's parent company, if applicable.
The requirements apply to hospitals, certain ambulatory surgical centers, independent freestanding emergency departments, physician-owned practices that have more than 25 physicians, and physician practices that are owned by a hospital, health plan, private equity company, or venture capital firm.
Hospitals must also report information about their business structure, debts, real estate transactions, and certain investments.
HHS must post a summary of the reported information on its website, including trends in consolidation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend title XI of the Social Security Act to increase transparency of certain health-related ownership information.
Latest action (Dec 17, 2024): Referred to the Subcommittee on Health.
Policy area: Health · Origin: House · Introduced: May 11, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.