Texas HB4408 mandates annual reporting on ownership and control of certain health care entities, with exceptions and civil penalties for.

Texas HB4408 requires health care entities to report annually to the secretary of state on ownership, control, and material change transactions. These entities include health care providers, facilities, organizations, pharmacy benefit managers, and health carriers. The bill exempts certain independent provider organizations and small entities from reporting. It mandates reporting on ownership details, affiliations, financial reports, and organizational charts. The secretary of state can audit and inspect records, share information to reduce duplication, and post an annual report.

Texas HB4408 mandates annual reporting on ownership and control of certain health care entities, with exceptions and civil penalties for.

Texas HB4408 requires health care entities to report annually to the secretary of state on ownership, control, and material change transactions. These entities include health care providers, facilities, organizations, pharmacy benefit managers, and health carriers. The bill exempts certain independent provider organizations and small entities from reporting. It mandates reporting on ownership details, affiliations, financial reports, and organizational charts. The secretary of state can audit and inspect records, share information to reduce duplication, and post an annual report.