Politiparty
Politiparty

118th Congress Health

H.R. 3262: To amend title XI of the Social Security Act to increase transparency of certain health-related ownership information.

Introduced

  1. Introduced (completed)May 11, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

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.

Read the full summary

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 Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Janice Schakowsky D-IL SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

History

  1. May 11, 2023Introduced in the House by Janice Schakowsky.
Show the full action history (4 actions)
  1. Dec 17, 2024Referred to the Subcommittee on Health.
  2. May 12, 2023Referred to the Subcommittee on Health.
  3. May 11, 2023Introduced in House
  4. May 11, 2023Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.