summary
Introduced
01/13/2025
01/13/2025
In Committee
01/17/2025
01/17/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: Makes a hospital report on an annual basis to the OHA certain data on stock assets. Allows the OHA to impose penalties for failure to comply with the law. (Flesch Readability Score: 60.8). Requires a hospital to report on an annual basis to the Oregon Health Authority the percentage of medical assistance program payments and the amount of other public funds that were invested in stocks. Allows the authority to impose penalties for failure to comply with the law.
AI Summary
This bill requires hospitals licensed in Oregon to submit an annual report to the Oregon Health Authority (OHA) detailing the percentage of medical assistance program payments and the amount of public funds invested in stocks. The reporting is mandated in a specific form and manner determined by the OHA, and is in addition to existing reporting requirements under other state laws. The OHA is authorized to establish rules for implementing this reporting requirement, including the ability to impose civil penalties on hospitals that fail to comply, which would be administered in accordance with existing state administrative penalty procedures. The new reporting requirement is being added to Oregon Revised Statutes (ORS) Chapter 442, which governs various aspects of healthcare regulation. The purpose appears to be increasing transparency about how hospitals are using public funds and medical assistance payments by requiring them to disclose their stock investment practices on an annual basis.
Committee Categories
Health and Social Services
Sponsors (3)
Last Action
Referred to Behavioral Health and Health Care. (on 01/17/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2919 |
| Open Government Impact Statement for HB2919 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/83893 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2919/Introduced |
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