Bill > SB523

This bill amends the Medical Malpractice Act in New Mexico to change the limitation of recovery for certain claims against facilities that are not hospital-controlled, and to update reporting requirements. Specifically, it: 1. Defines key terms like "independent outpatient health care facility" and "independent provider" to distinguish them from hospitals and hospital-controlled facilities. 2. Establishes different financial responsibility requirements for independent outpatient health care facilities compared to other health care providers. 3. Increases the aggregate dollar amount recoverable for malpractice claims against independent providers and independent outpatient health care facilities over time, while maintaining higher limits for claims against hospitals and hospital-controlled facilities. 4. Requires the Superintendent of Insurance to track and publicly report information on claims and settlements involving independent outpatient health care facilities. The overall goal of the bill is to adjust the liability framework for different types of health care providers in New Mexico, with a focus on increasing transparency and accountability for independent outpatient facilities.

Budget and Finance, Business and Industry

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=523&year=23