The bill reportedly includes provisions requiring nonprofit hospitals to post detailed financial statements, patient revenue details and the location and price of their owned land.
Nonprofit hospitals would also have to disclose the amount of money they have in the bank, as well as salaries and fringe benefits of their 10 highest-paid administrators. Information from questionnaires and audits of programs would also be required, according to the Journal-Constitution.
The disclosure requirements, part of House Bill 321, reportedly came as a surprise to some lawmakers but sparked little discussion.
A lobbyist for the Georgia Hospital Association told the Journal-Constitution that the group was examining the provisions.
More articles on healthcare finance:
Highmark Health reports record revenue: 8 things to know
NYC Health + Hospitals financial update: 7 takeaways
Nonprofit hospitals will stabilize this year, Fitch predicts
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit