SF2939 (Legislative Session 94 (2025-2026))
Health care entities reporting information on ownership or control to the commissioner of health requirement provision, penalties authorization, and appropriation
Related bill: HF2779
AI Generated Summary
Purpose of the Bill
The bill aims to improve transparency and oversight of health care entities in Minnesota by requiring them to report specific ownership and control information to the Commissioner of Health. This information will help monitor the operations and financial health of these entities and ensure accountability.
Main Provisions
- Reporting Requirements: Health care entities, including hospitals, outpatient centers, and insurance providers, must annually report detailed information about their ownership structure, significant investors, and financial status.
- Public Reports: The Commissioner of Health will publish a public report annually to inform the public about the ownership and control of health care entities, including any changes and trends in consolidation.
- Exemptions: Small independent provider organizations and certain health care providers owned by other entities may be exempt from the regular reporting requirements unless they complete a significant transaction.
- Consolidation of Reporting: The bill allows for the consolidation of reporting requirements to minimize duplication for health care entities.
Significant Changes to Existing Law
- New Reporting Requirements: Introduces mandatory annual reporting of ownership and control details by health care entities, which is not required under the existing law.
- Penalties for Non-compliance: Establishes civil penalties for failure to report or for providing false information, which may reach up to $500,000, depending on the size and type of the entity.
- Publication and Data Sharing: The bill mandates public disclosure of the reports and allows sharing certain data with other state agencies for enhanced oversight.
Relevant Terms
- Health care entities
- Ownership and control
- Commissioner of Health
- Public reports
- Consolidation
- Significant equity investors
- Penalties
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 23, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 23, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 23, 2025 | Senate | Floor | Action | Referred to | Health and Human Services |
Citations
[
{
"analysis": {
"added": [
"Inclusion of new chapters and sections for enforcement under existing health laws."
],
"removed": [],
"summary": "The bill amends section 144.99, subdivision 1, related to remedies available for enforcing health statutes.",
"modified": [
"Expands the scope of enforceable provisions to align with updated public health statutes."
]
},
"citation": "144.99, subdivision 1"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Defines licensing rules for health care facilities.",
"modified": [
"Clarification of licensing requirements mentioned in definitions of health care facilities."
]
},
"citation": "144.50 to 144.56"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Mentioned for accreditation requirements of diagnostic imaging facilities.",
"modified": [
"Refers to standards for facility accreditation under health laws."
]
},
"citation": "144.1225, subdivision 2"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Reference to licensing of nursing homes.",
"modified": [
"Adjustments in licensing procedures for nursing homes included under new health care definitions."
]
},
"citation": "144A"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Refers to licensing of insurance companies offering health policies.",
"modified": [
"Inclusion of insurance entities providing accident and sickness policies under updated health care entity definitions."
]
},
"citation": "60A"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Defines policies related to accident and sickness insurance.",
"modified": [
"Clarifications in the types of insurance policies encompassed by this statute as related to health providers."
]
},
"citation": "62A.01"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Covers nonprofit health service plan corporations.",
"modified": [
"Updates regarding nonprofit health plan configurations under new entity definitions."
]
},
"citation": "62C"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Addresses health maintenance organizations operations.",
"modified": [
"Categorical updates to HMO definitions in line with revised health care structure guidance."
]
},
"citation": "62D"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Specifies health-related licensing boards definition.",
"modified": [
"Exemptions mentioned for specific boards under revised health provider definitions."
]
},
"citation": "214.01, subdivision 2"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Defines pharmacy benefit manager.",
"modified": [
"Pharmacy benefit manager classification updated in context of new health entity regulation."
]
},
"citation": "62W.02, subdivision 15"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Privacy classification of social security numbers.",
"modified": [
"Refers to privacy components of individual data as newly applied to health professionals."
]
},
"citation": "13.355"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Relates to enforcement provisions under health regulations.",
"modified": [
"Expansion and application of enforcement rules to include newly defined health care entity requirements."
]
},
"citation": "144.989 to 144.993"
}
]