KY HB75 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 7 2020 - 25% progression, died in committee
Action: 2020-01-07 - to Health and Family Services (H)
Pending: House Health and Family Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Create new sections of KRS Chapter 367 to provide definitions concerning nonprofit healthcare conversion transactions; provide notification requirements; require the Attorney General to notify a nonprofit healthcare entity regarding the status of a decision; require that the Attorney General to hold public meetings related to the proposed nonprofit healthcare conversion transaction; specify what the Attorney General must consider in determining whether to approve or disapprove a proposed nonprofit healthcare conversion transaction including a requirement that the Attorney General consult with and receive expert advice; require the Attorney General to also determine the impact of the proposed nonprofit healthcare conversion transaction on the affected community; allow the Attorney General to request additional information necessary to complete a review of the proposed nonprofit healthcare conversion transaction; authorize the Attorney General to contract with additional counsel in order to assist in the review of the proposed nonprofit healthcare conversion transaction; specify that the Attorney General is entitled to reimbursement from the nonprofit healthcare entity for certain costs related to review of the proposed transaction; prescribe parameters for public review of documents related to the proposed healthcare conversion transaction; prescribe penalties for a violation of this Act by a nonprofit healthcare entity; specify the applicability of this Act to current law; specify the parameters of this Act; provide that this Act may be cited as the Kentucky Nonprofit Healthcare Conversion Act; amend KRS 386B.4-130 to conform; EMERGENCY.

Tracking Information

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Title

AN ACT relating to community healthcare foundations by providing for the approval and oversight of not-for-profit hospital, health maintenance organization, and healthcare insurer conversions, and declaring an emergency.

Sponsors


History

DateChamberAction
2020-01-07Houseto Health and Family Services (H)
2020-01-07Houseintroduced in House
2019-10-30HousePrefiled by the sponsor(s).

Subjects


Kentucky State Sources


Bill Comments

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