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Bill > H602

MA H602

Relative to hospital profit transparency and fairness

summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to hospital profit transparency and fairness and the establishment of a Medicaid reimbursement enhancement fund. Health Care Financing.

AI Summary

This bill aims to promote transparency and fairness in hospital profits in Massachusetts. It establishes a civil penalty for hospitals that accept state funds and have an annual operating margin exceeding 8%. It also imposes a penalty on hospitals where the CEO's compensation exceeds 100 times the minimum wage paid to the facility's employees. Additionally, the bill requires hospitals that accept state funds to report their financial assets, including those held outside the US, to the Center for Health Information and Analysis. Any penalties collected will be deposited into a Medicaid Reimbursement Enhancement Fund to improve Medicaid reimbursement for eligible hospitals.

Committee Categories

Health and Social Services

Sponsors (43)

Brian Ashe (D),  Bruce Ayers (D),  Thomas Calter (D),  Kate Campanale (R),  Linda Campbell (D),  James Cantwell (D),  Gerry Cassidy (D),  Tackey Chan (D),  Mike Connolly (D),  Edward Coppinger (D),  Daniel Cullinane (D),  Mark Cusack (D),  Josh Cutler (D),  Marjorie Decker (D),  Diana Dizoglio (D),  Dan Donahue (D),  Michelle DuBois (D),  James Dwyer (D),  Denise Garlick (D),  Colleen Garry (D),  Ken Gordon (D),  Danielle Gregoire (D),  Stephen Hay (D),  Natalie Higgins (D),  Pat Jehlen (D),  Louis Kafka (D),  Mary Keefe (D),  John Lawn (D),  Jack Lewis (D),  Paul Mark (D),  Mike Moore (D),  David Nangle (D),  Harold Naughton (D),  Patrick O'Connor (R),  Jim O'Day (D),  Denise Provost (D),  Angelo Puppolo (D),  Dave Rogers (D),  John Rogers (D),  Tom Stanley (D),  Walter Timilty (D),  Steve Ultrino (D),  Chris Walsh (D), 

Last Action

Accompanied a study order, see H4528 (on 05/24/2018)
(11 Companion Bills)

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Document Type Source Location
State Bill Page https://malegislature.gov/Bills/190/H602
Bill https://malegislature.gov/Bills/190/H602.pdf
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