Senate File 449 - Introduced
SENATE FILE
BY COMMITTEE ON STATE
GOVERNMENT
(SUCCESSOR TO SSB 1297)
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act requiring the legislative services agency to prepare
2 reports regarding nonprofit hospitals and organized health
3 systems.
4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
5 TLSB 2418SV 82
6 nh/gg/14
PAG LIN
1 1 Section 1. NONPROFIT HOSPITALS AND ORGANIZED HEALTH
1 2 SYSTEMS == ANALYSIS AND ANNUAL REPORTS BY LEGISLATIVE SERVICES
1 3 AGENCY. The legislative services agency shall prepare all of
1 4 the following information in regard to nonprofit hospitals and
1 5 organized health systems in this state:
1 6 1. An annual report, to be submitted to the general
1 7 assembly by January 1 each year through January 1, 2012,
1 8 compiling information reported on federal tax form 990 by
1 9 nonprofit hospitals operating in the state. The department of
1 10 revenue shall assist the legislative services agency in
1 11 obtaining the information. The information shall include all
1 12 of the following, reported on a per hospital and an aggregate
1 13 basis:
1 14 a. Total revenues.
1 15 b. The amount of excess revenue or profit.
1 16 c. The amount of the compensation paid to the hospital's
1 17 chief executive officer, chief financial officer, and other
1 18 executive=level administrators.
1 19 d. The amount and percentage of free care provided.
1 20 e. The amount and percentage of revenue received from
1 21 Medicaid.
1 22 f. The amount and percentage of revenue received from
1 23 Medicare.
1 24 2. An annual report, to be submitted to the general
1 25 assembly by January 1 each year through January 1, 2012,
1 26 compiling information reported on federal tax form 990 by
1 27 organized health systems operating in the state. The
1 28 department of revenue shall assist the legislative services
1 29 agency in obtaining the information. The information shall
1 30 include all of the following, reported on a per organized
1 31 health system and an aggregate basis:
1 32 a. Total revenues.
1 33 b. The amount of excess revenue or profit.
1 34 c. The amount of the compensation paid to the health
1 35 system's chief executive officer, chief financial officer, and
2 1 other executive=level administrators.
2 2 d. The amount and percentage of free care provided.
2 3 e. The amount and percentage of revenue received from
2 4 Medicaid.
2 5 f. The amount and percentage of revenue received from
2 6 Medicare.
2 7 3. A report reviewing and comparing the laws of this state
2 8 and surrounding states governing nonprofit corporations as
2 9 such laws relate to the operation of nonprofit hospitals and
2 10 organized health systems. The report shall be submitted to
2 11 the general assembly by January 1, 2008.
2 12 EXPLANATION
2 13 This bill requires the legislative services agency to
2 14 prepare the following reports for submission to the general
2 15 assembly:
2 16 1. An annual report to be submitted by January 1, each
2 17 year through January 1, 2012, compiling information reported
2 18 on federal tax form 990 by nonprofit hospitals operating in
2 19 the state. The information shall include all of the
2 20 following, reported on a per hospital and an aggregate basis:
2 21 total revenues; the amount of excess revenue or profit; the
2 22 amount of compensation paid to the hospital's chief executive
2 23 officer, chief financial officer, and other executive=level
2 24 administrators; the amount and percentage of free care
2 25 provided; the amount and percentage of revenue received from
2 26 Medicaid; and the amount and percentage of revenue received
2 27 from Medicare.
2 28 2. An annual report to be submitted by January 1, each
2 29 year through January 1, 2012, compiling information reported
2 30 on federal tax form 990 by organized health systems operating
2 31 in the state. The information shall include all of the
2 32 following, reported on a per organized health system and an
2 33 aggregate basis: total revenues; the amount of excess revenue
2 34 or profit; the amount of the compensation paid to the health
2 35 system's chief executive officer, chief financial officer, and
3 1 other executive=level administrators; the amount and
3 2 percentage of free care provided; the amount and percentage of
3 3 revenue received from Medicaid; the amount and percentage of
3 4 revenue received from Medicare.
3 5 3. A report, to be submitted by January 1, 2008, reviewing
3 6 and comparing the laws of this state and surrounding states
3 7 governing nonprofit corporations as such laws relate to the
3 8 operation of nonprofit hospitals and organized health systems.
3 9 LSB 2418SV 82
3 10 nh:rj/gg/14