California AB2140 mandates reporting of settlements, judgments, or arbitration awards over $3,000 or $10,000 to licensing agencies for certain.

California AB2140 amends the Business and Professions Code to require healthcare professionals with licenses, certificates, or similar authorities to report settlements, judgments, or arbitration awards over $3,000 or $10,000 to the issuing agency within 30 days. This applies to claims for damages due to negligence, error, omission, or unauthorized services. Failure to comply is a public offense with fines ranging from $50 to $50,000, depending on the severity of the violation.

California AB2140 mandates reporting of settlements, judgments, or arbitration awards over $3,000 or $10,000 to licensing agencies for certain.

California AB2140 amends the Business and Professions Code to require healthcare professionals with licenses, certificates, or similar authorities to report settlements, judgments, or arbitration awards over $3,000 or $10,000 to the issuing agency within 30 days. This applies to claims for damages due to negligence, error, omission, or unauthorized services. Failure to comply is a public offense with fines ranging from $50 to $50,000, depending on the severity of the violation.