House lawmakers passed a bill Tuesday that requires hospitals and other “health care entities” to notify the attorney general if they have a merger or acquisition that crosses a $10 million threshold.
The attorney general can then do an antitrust review, but would not have the authority to approve or deny the merger or acquisition.
SB 9 is a result of recommendations from the Health Care Cost Oversight Task Force. Rep. Ryan Hatfield (D-Evansville) approved the recommendations while on the taskforce, but opposed the measure.
He said the bill “cherry picked” a recommendation from the list rather than addressing Indiana’s high health care costs in a comprehensive way.
“We didn't provide one cent in health care savings to Hoosiers,” Hatfield said. “This bill does nothing more than send private information from private businesses to the government for them to have first.”
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A House committee amended the bill to require that the information in the notification is sealed.
The House passed the measure 60-35. The bill now goes back to the Senate – which previously approved the bill unanimously. The Senate can send the current version on to the governor or take it to a conference committee for further work.
Abigail is our health reporter. Contact them at aruhman@wboi.org.