FL S0758

Requires hospitals, hospital systems, and provider organizations to notify the Florida Attorney General's Office of mergers, acquisitions, and other transactions that must be filed under the federal Hart-Scott-Rodino Antitrust Improvements Act

Mandates 90-day advance written notice to the Attorney General for any "material change" (merger, acquisition, or contracting affiliation generating combined revenue of $50 million or more) not already covered by federal filing requirements

Authorizes the Attorney General to request additional information or issue civil investigative demands when reviewing transactions, and requires the office to submit biennial reports to the Legislature beginning January 1, 2021

Imposes civil penalties up to $500,000 for hospitals, hospital systems, or provider organizations that fail to comply with notification requirements

Appropriates $1,295,718 in recurring funds and $48,284 in nonrecurring funds, along with 12 full-time positions, to the Department of Legal Affairs for implementation