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General Assembly Proposed Bill No. 837
January Session, 2025
LCO No. 898
Referred to Committee on PUBLIC HEALTH
Introduced by:
SEN. LOONEY, 11th Dist.
AN ACT CONCERNING OVERSIGHT OF GROUP PRACTICE
ACQUISITIONS AND MERGERS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That title 19a of the general statutes be amended to (1) require each 1
group practice that submits written notice of a material change to its 2
business or corporate structure to the Attorney General pursuant to 3
section 19a-486i of the general statutes to submit information concerning 4
such group practice's intended acquisitions or mergers, including, but 5
not limited to, intended acquisitions or mergers of such group practice 6
by or with any hospital, private equity company, insurer, corporation or 7
other group practice, to the Commissioner of Health Strategy, (2) repeal 8
subsection (b) of section 19a-639 of the general statutes concerning the 9
presumption in favor of approving certificate of need applications for a 10
transfer of ownership of a large group practice when an offer was made 11
in response to a request for proposal or similar voluntary offer for sale, 12
and (3) require the Health Care Cabinet, established pursuant to section 13
19a-725 of the general statutes, to examine methods to increase oversight 14
of acquisitions and mergers of group practices in the state and develop 15 Proposed Bill No. 837
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legislative recommendations concerning such methods. 16
Statement of Purpose:
To promote health care industry competition and better health care
quality in the state.