OR HB3410

Amends Oregon Senate Bill 951 to expand restrictions on management services organizations (MSOs), adding "contractors" to the list of persons prohibited from owning majority shares in professional medical entities or exercising control over clinical decision-making

Modifies noncompetition agreement rules for medical licensees: lowers ownership threshold from 10% to 1.5% for enforceability and extends maximum noncompete terms to 5 years for licensees in health professional shortage areas (3 years otherwise)

Creates exemption for physicians who serve as directors/officers of MSOs if they own less than 25% of the professional medical entity, the entity owns less than 49% voting interest in the MSO, and the arrangements existed before January 1, 2024

Applies noncompetition agreement restrictions retroactively to agreements entered before, on, or after the effective date of SB 951, and allows professional medical entities that reorganized under common ownership to delay compliance until January 1, 2029

Declares an emergency requiring immediate effect upon passage to preserve public peace, health and safety