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History
- Referred to health
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6443
Title of bill
An act to amend the public health law, in relation to accountable care organizations
Purpose or general idea of bill
To regulate and promote the formation of ACOs.
Summary of provisions
Section 1 amends Article 29-E of the Public Health Law (PHL) to eliminate the "demonstration program" status of the ACO program. This section is also amended to remove the limitation on the number of ACO certificates that may be issued by the commissioner. PHL §2999-0(6), pertaining to references to the Department of Financial Services made prior to October third, two thousand eleven, is repealed.
Section 2 provides the act take effect immediately.
Justification
In 2011, the Legislature established a demonstration program for establishing ACOs. Such legislation was needed to provide a legal framework for payers and providers to come together without violating anti-trust and other laws. Further, Medicaid and other payers needed legal authority to participate in new payment methodologies with ACOs. Since the passage of the demonstration program it has become clear that the cap on the number of ACOs is limiting the ability of New York organizations to apply for federal ACO designation. This bill will incentivize the creation of ACOs by removing the cap on the number permitted and the "demonstration" designation.
Prior legislative history
New bill.
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.