CT HB05215

Requires hospital ownership transfer applications to include all related supplemental transactions in a single certificate of need application rather than filing separately (effective July 1, 2018).

Mandates hospitals post their current price schedules (pricemasters) on publicly accessible websites and imposes $500 civil penalties per occurrence for billing discrepancies between patient bills and filed price schedules (effective July 1, 2018).

Establishes escrow account requirements for purchasers in hospital transfers to fund independent consultants and cost/market impact reviews, replacing direct billing to purchasers, with initial escrow funding of $200,000 per application (effective July 1, 2018).

Adds new civil penalty provisions for up to $1,000 per day for failures to file certificates of need, submit required data, or comply with certificate of need conditions (effective July 1, 2018).

Delays reporting deadlines for hospitals and group practices describing affiliations and group practice activities from January 15, 2018 to January 15, 2019, with annual reporting thereafter (effective from passage).