SB 5688: Health care marketplace

Summary

• Modifies reporting requirements for mergers, acquisitions, or contracting affiliations between hospitals, hospital systems, or provider organizations (parties).
• Requires parties to submit additional documentation related to charity care; access to care, including reproductive, gender-affirming, emergency, and end-of-life care; all current policies and procedures; and explanations of how any of these areas would be affected by the proposed transaction.
• Requires the attorney general to determine, through a public process, if the transaction would detrimentally affect the continued existence of accessible, affordable health care in the state for at least ten years after the transaction occurs.
• Gives the attorney general authority to place conditions or modifications on the transaction, or disapprove of the transaction if the transaction will be detrimental to accessible, affordable health care.
• Requires the attorney general to monitor an approved transaction for at least ten years to ensure compliance with all access and affordability requirements.

From the Senate Bill Report (SB 5688), written by the Legislature's nonpartisan staff. Read the full report ↗