Bill > HR3262

This bill aims to increase transparency of certain health-related ownership information. It requires specified entities, such as hospitals, physician-owned practices, and ambulatory surgical centers, to submit regular reports to the Secretary of Health and Human Services (Secretary) detailing mergers, acquisitions, changes in ownership, and other ownership-related information. The bill also mandates the Secretary to publicly report on trends in horizontal and vertical consolidation among these entities. The bill imposes civil monetary penalties for failure to report or for submitting false information. The Paperwork Reduction Act does not apply to the information collections under this bill.