Requires hospitals and federally qualified community health centers to submit quarterly financial reports to the executive office of health and human.

This bill mandates that hospitals and federally qualified community health centers submit quarterly financial reports to the executive office of health and human services beginning October 1, 2026. The reports must include detailed financial information such as balance sheets, income statements, and other specified metrics. The executive office will review these reports to assess the financial health of the reporting entities, identify risks, and ensure compliance with state and federal laws. Non-compliance with the reporting requirements will result in fines.

Requires hospitals and federally qualified community health centers to submit quarterly financial reports to the executive office of health and human.

This bill mandates that hospitals and federally qualified community health centers submit quarterly financial reports to the executive office of health and human services beginning October 1, 2026. The reports must include detailed financial information such as balance sheets, income statements, and other specified metrics. The executive office will review these reports to assess the financial health of the reporting entities, identify risks, and ensure compliance with state and federal laws. Non-compliance with the reporting requirements will result in fines.