SB 0921 | Formation of Health Care Provider Joint Ventures |
Sponsor: | FLOTRON | ||
LR Number: | S3493.01I | Fiscal Note: | 3493-01 |
Committee: | Public Health and Welfare | ||
Last Action: | 03/25/96 - Hearing Scheduled But Not Heard S Public Health & Welfare | ||
Title: | |||
Effective Date: | August 28, 1996 | ||
SB 921 - This act authorizes the Attorney General and the Missouri Health Facilities Review Committee to approve the formation of a health care provider joint venture if the venture meets the following criteria: The joint venture must be a nonexclusive network in which the participating members are permitted to create or join other competing networks, limited in size to fifty percent of the health care provider profession comprising the network in the relevant geographic market and fifty percent of the specialist members in the network, with no less than two members of any specialty permitted to participate.
Members of the joint venture must engage in risk sharing,
and those participating in the venture are granted immunity from
liability under the federal antitrust laws or the antitrust laws
of this state.
JON HAGLER