The proposed Bill No. 837 aims to enhance oversight of group practice acquisitions and mergers within the state. It mandates that any group practice notifying the Attorney General of a material change in its business or corporate structure must also provide information regarding intended acquisitions or mergers to the Commissioner of Health Strategy. Additionally, the bill seeks to repeal the presumption in favor of approving certificate of need applications for large group practice ownership transfers that arise from requests for proposals or similar offers.

Furthermore, the bill requires the Health Care Cabinet to explore and develop legislative recommendations for increasing oversight of group practice acquisitions and mergers. The overarching goal of this legislation is to foster competition within the healthcare industry and improve the quality of healthcare services provided in the state.