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To amend title XI of the Social Security Act to increase transparency of certain health-related ownership information.

H.R. 3262 Rep. JANICE SCHAKOWSKY (D-IL-9) In committee
Bill text PDF
  1. Introduced May 11
  2. Committee May 11
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, May 11, 2023Next: House vote
680d ago Dec 17, 2024: Referred to the Subcommittee on Health.
Final votes
No roll callsNo recorded vote on this bill yet
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Summary

This bill requires certain health care entities to disclose specific information about their ownership and finances.

Full summary4 paragraphs

Specifically, the bill requires entities, subject to civil penalties, to annually report to the Department of Health and Human Services (HHS) information relating to mergers, acquisitions, and changes in ownership over the previous year, as well as information on the entity's parent company, if applicable.

The requirements apply to hospitals, certain ambulatory surgical centers, independent freestanding emergency departments, physician-owned practices that have more than 25 physicians, and physician practices that are owned by a hospital, health plan, private equity company, or venture capital firm.

Hospitals must also report information about their business structure, debts, real estate transactions, and certain investments.

HHS must post a summary of the reported information on its website, including trends in consolidation.

Library of Congress summary, May 11, 2023

Summary versions
  • Introduced in HouseMay 11, 2023

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.