SB45,1147,18 (f) The name, business address, and business identification numbers listed in par. (d) for each person or entity that, with respect to the relevant health care entity, has an ownership or investment interest, has a controlling interest, is a management services organization, or is a significant equity investor.

SB45,1147,20 (g) A current organizational chart showing the business structure of the health care entity, including all of the following:

SB45,1147,21 1. Any entity listed in par. (f).

SB45,1147,23 2. Affiliates, including entities that control or are under common control as the health care entity.

SB45,1147,24 3. Subsidiaries.

SB45,1148,2 (h) For a health care entity that is a provider organization or a health care facility, all of the following information:

SB45,1148,5 1. a. The affiliated health care providers identified by name, license type, specialty, national provider identifier, and other applicable identification number listed in par. (d).

SB45,1148,6 b. The address of the principal practice location.

SB45,1148,7 c. Whether the health care provider is employed or contracted by the entity.

SB45,1148,9 2. The name and address of affiliated health care facilities by license number, license type, and capacity in each major service area.

SB45,1148,11 (i) The names, national provider identifier, if applicable, and compensation of all of the following:

SB45,1148,13 a. The members of the governing board, board of directors, or similar governance body for the health care entity.

SB45,1148,15 b. Any entity that is owned or controlled by, affiliated with, or under common control as the health care entity.

SB45,1148,16 c. Any entity listed in par. (f).

SB45,1148,20 (j) Comprehensive financial reports of the health care entity and any ownership or control entities, including audited financial statements, cost reports, annual costs, annual receipts, realized capital gains and losses, accumulated surplus, and accumulated reserves.

SB45,1148,22 (2) Exceptions. All of the following health care entities are exempt from the reporting requirements under sub. (1):

SB45,1149,3 (a) A health care entity that is an independent provider organization, without any ownership or control entities, consisting of 2 or fewer physicians, provided that if that health care entity experiences a material change transaction under s. 150.992, the health care entity is subject to reporting under sub. (1) upon the consummation of the transaction.

SB45,1149,9 (b) A health care provider or provider organization that is owned or controlled by another health care entity, if the health care provider or provider organization is shown in the organizational chart submitted under sub. (1) (g) and the owning or controlling health care entity reports all the information required under sub. (1) on behalf of the controlled or owned entity. Health care facilities are not subject to this exception.

SB45,1149,15 (3) Rules. (a) The department shall promulgate any rules necessary to implement this section, specify the format and content of reports, and impose penalties for noncompliance. The department may require additional reporting of data or information that it determines is necessary to better protect the public’s interest in monitoring the financial conditions, organizational structure, business practices, and market share of each registered health care entity.

SB45,1149,17 (b) The department may assess administrative fees on health care entities in an amount to help defray the costs in overseeing and implementing this section.

SB45,1149,21 (4) Ownership information. (a) Information provided under this section shall be public information and may not be considered confidential, proprietary, or a trade secret, except that any individual health care provider’s taxpayer identification that is also their social security number shall be confidential.

SB45,1149,24 (b) Not later than December 31, 2028, and annually thereafter, the department shall post on its publicly available website a report with respect to the previous one-year period, including all of the following information:

SB45,1150,2 1. The number of health care entities reporting for the year, disaggregated by the business structure of each specified entity.

SB45,1150,4 2. The names, addresses, and business structure of any entities with an ownership or controlling interest in each health care entity.

SB45,1150,5 3. Any change in ownership or control for each health care entity.

SB45,1150,6 4. Any change in the tax identification number of a health care entity.

SB45,1150,10 5. As applicable, the name, address, tax identification number, and business structure of other affiliates under common control, subsidiaries, and management services entities for the health care entity, including the business type and the tax identification number of each.

SB45,1150,12 6. An analysis of trends in horizontal and vertical consolidation, disaggregated by business structure and provider type.

SB45,1150,20 (c) The department may share information reported under this section with the attorney general, other state agencies, and other state officials to reduce or avoid duplication in reporting requirements or to facilitate oversight or enforcement under state law. Any tax identification numbers that are individual social security numbers may be shared with the attorney general, other state agencies, or other state officials that agree to maintain the confidentiality of such information. The department may, in consultation with the relevant state agencies, merge similar reporting requirements where appropriate.