October 2014 - State Attorney General Issues Guidance Regarding the Reporting of Certain Physician Transactions
October 15, 2014
October 1 marked the effective date of new legislation requiring physician groups (two or more physicians) and other health care organizations to report certain physician group-related transactions to the State Attorney General. Public Act 14-168 requires parties to notify the Attorney General at least thirty days in advance of the effective date of: (i) mergers, purchase and sale transactions and employment-related arrangements between physician groups that result in groups of eight or more physicians; and (ii) mergers, purchase and sale transactions and employment-related arrangements between a physician group and a hospital, medical foundation or other hospital-related entity, regardless of the number of physicians in the resulting entity.
Last week, the Attorney General posted instructions regarding this reporting requirement on the Attorney General’s website, which can be found here. In addition to general instructions and filing information, including practical guidance regarding the calculation of each location’s primary service area, this website includes a link to the form that parties must use in making the required reports. Please note that this form contains four separate sheets, labeled as A through D, and that all sheets must be submitted in connection with a physician group transaction as described briefly above.
If you have any questions about this topic, or any other matters involving health care law, please contact your usual Murtha Cullina attorney or Stephanie Sprague Sobkowiak at 203.772.7782 or firstname.lastname@example.org, Kennedy Hudner at 860.240.6029 or email@example.com, or Paul Knag at 203.653.5407 or firstname.lastname@example.org.
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