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Bill > SB00837


CT SB00837

An Act Concerning Oversight Of Group Practice Acquisitions And Mergers.


summary

Introduced
01/21/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead

Introduced Session

2025 General Assembly

Bill Summary

To promote health care industry competition and better health care quality in the state.

AI Summary

This bill proposes several changes to Connecticut's healthcare oversight regulations focused on group practice acquisitions and mergers. Specifically, the bill requires group practices to submit detailed information about their intended acquisitions or mergers to the Commissioner of Health Strategy when they are already required to provide written notice of material business changes to the Attorney General. Additionally, the bill repeals an existing provision that presumed approval for certificate of need applications when a large group practice transfer of ownership occurs through a voluntary sale process. The bill also mandates that the Health Care Cabinet examine and develop legislative recommendations for increasing oversight of group practice acquisitions and mergers in the state. The underlying goal is to promote greater competition in the healthcare industry and improve overall healthcare quality by ensuring more transparent and scrutinized business transactions among medical practices, hospitals, insurers, and other healthcare entities.

Committee Categories

Health and Social Services

Sponsors (2)

Last Action

Referred to Joint Committee on Public Health (on 01/21/2025)

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