PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Health.
Congressional Research Service
Version 00 · 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.
People & committees
Rep. Schakowsky, Janice D. [D-IL-9] · D–IL
Legislative record
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Referred to the Subcommittee on Health.
Referred to the Subcommittee on Health.
Referred 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.
Referred 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.
Introduced in House
Introduced in House
Primary sources
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Source last updated: May 27, 2025. Consult Congress.gov for the current record.
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