This bill establishes a new regulatory framework for health care entities in Minnesota, requiring them to report detailed information about their ownership and control to the commissioner of health. Under the proposed Minnesota Statutes, chapter 145E, health care entities must submit comprehensive reports that include their legal name, business address, operational locations, ownership details, and financial reports, with the first report due by March 1, 2026. Certain small independent provider organizations are exempt from these requirements, and the commissioner is empowered to consolidate reporting to minimize duplication. The bill also introduces a public reporting system, with annual reports starting June 1, 2027, that will provide transparency on ownership changes and trends in consolidation among health care entities.

Furthermore, the bill enhances regulatory oversight by allowing the commissioner to share individual health professionals' taxpayer identification numbers with the attorney general and other state agencies to streamline reporting and enforcement. The commissioner is authorized to adopt rules for implementing the chapter, including report formats and additional data requirements. Enforcement mechanisms are outlined, including the authority to audit and inspect non-compliant entities, with penalties for non-compliance ranging from civil penalties of up to $50,000 for independent providers to $500,000 for larger entities. The bill also includes appropriations from the general fund to support the implementation of these regulations.

Statutes affected:
Introduction: 144.99