Requires reporting of certain ownership information by: (1) a health care entity to the Indiana department of health (state department); (2) a physician group practice to the professional licensing agency; and (3) an insurer, a third party administrator, and a pharmacy benefit manager to the department of insurance. Requires a hospital to include certain ownership information in the hospital's annual fiscal report to the state department. Requires the professional licensing agency and the department of insurance to provide the ownership information to the state department. Requires the state department to post the ownership information on the state department's website. Sets forth penalties for a violation of the ownership reporting requirements. Amends the definition of "health care entity" for provisions governing health care entity mergers and acquisitions. Establishes the health care entity merger approval board (board) to evaluate and approve or deny proposed mergers and acquisitions of health care entities. Requires an Indiana health care entity that is involved in a merger or acquisition with another health care entity to provide notice to the office of the attorney general. (Current law specifies that this notice requirement applies to an Indiana health care entity involved in a merger or acquisition with another health care entity with total assets of at least $10,000,000.) Allows the office of the attorney general to investigate the market concentration of a health care entity. Prohibits an Indiana health care entity from engaging in a merger or acquisition with another health care entity or a specified health care provider unless the health care entity has received approval from the board. Sets forth criteria for approving a health care entity merger or acquisition. Allows the attorney general to bring a civil action to enforce these provisions.

Statutes affected:
Introduced House Bill (H): 12-15-1-18.5, 25-1-8.5-4
House Bill (H): 12-15-1-18.5, 25-1-8.5-4
Engrossed House Bill (H): 12-15-1-18.5, 16-18-2-160.5, 16-21-6-3, 25-1-8.5-2, 25-1-8.5-4