Washington SB5704 regulates material changes in health care operations and governance, ensuring continued access to affordable care.

Washington SB5704 mandates that mergers, acquisitions, or contracting affiliations between health care entities must not reduce access to affordable care. The bill requires these entities to submit notices to the health care authority and attorney general. The health care authority conducts preliminary reviews and public hearings, while the attorney general determines if the transaction complies with state laws. The attorney general can approve, reject, or impose conditions on transactions.

Washington SB5704 regulates material changes in health care operations and governance, ensuring continued access to affordable care.

Washington SB5704 mandates that mergers, acquisitions, or contracting affiliations between health care entities must not reduce access to affordable care. The bill requires these entities to submit notices to the health care authority and attorney general. The health care authority conducts preliminary reviews and public hearings, while the attorney general determines if the transaction complies with state laws. The attorney general can approve, reject, or impose conditions on transactions.