The proposed legislation, titled the "Medicaid Provider-Led Care Transparency and Accountability Act," aims to enhance the quality and effectiveness of care provided by risk-based provider organizations in Arkansas. It establishes a new subchapter in the Arkansas Code, which includes the formation of a workgroup by the Department of Human Services to develop standards for these organizations. The bill outlines various provisions, including care coordination responsibilities, prohibitions against gag clauses that limit providers' advocacy, and requirements for quality initiatives and transparency in financial reporting. Additionally, it mandates that risk-based provider organizations standardize credentialing processes and ensures that audits are conducted fairly.

Key provisions of the bill include the requirement for risk-based provider organizations to pay direct service providers for care coordination, develop enhanced training for care coordinators, and implement value-based payment initiatives. The legislation also emphasizes the importance of timely service initiation for individuals with intellectual and developmental disabilities and allows for the use of assistive technology in service delivery. Furthermore, it establishes a private right of action for enrollees or direct service providers to seek equitable relief against the Department of Human Services or risk-based provider organizations, ensuring accountability and legal recourse.