Bill > SB2414

This bill makes changes to how "certificates of public advantage" (CPAs), which are agreements that can allow healthcare providers to collaborate and potentially avoid antitrust scrutiny, will operate in Tennessee. Specifically, any CPA in effect on June 30, 2028, will automatically expire, but any pricing rules established by that CPA will continue for up to five years after its expiration or until a new hospital opens in the area, whichever comes first. The Tennessee Attorney General will oversee these remaining pricing rules, and they can only be changed if both the Attorney General and the healthcare entity agree in writing. The bill also clarifies that hospitals in areas where a CPA has expired are not required to get a "certificate of need" (a state approval for new healthcare facilities or services) under certain conditions, and it amends existing law to reflect this exception.