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