Bill > H2161

This bill aims to enhance transparency and efficiency in the hospital industry. It requires acute hospitals in Massachusetts with an operating margin exceeding 5% to participate in a public hearing where they must provide testimony on their financial condition, cost containment efforts, and plans to dedicate funds to reducing healthcare costs. Additionally, the Center for Health Information and Analysis (CHIA) is tasked with examining hospital efficiency across all lines of business, including commercial, Medicare, and Medicaid. The bill also mandates that academic medical centers report the portion of their revenues and expenses dedicated to teaching and research, and CHIA must issue an annual report on the relationship between hospital case-mix and commercial reimbursements. Finally, the bill directs CHIA to establish a uniform methodology for hospitals to report their costs and cost trends, in consultation with relevant stakeholders.

Business and Industry

https://malegislature.gov/Bills/190/H2161