HB 1111

1
A bill to be entitled
2An act relating to fiscal intermediary services
3organizations; amending s. 641.316, F.S.; redefining the
4term "fiscal intermediary services organization" for
5purposes of provisions governing organizations that manage
6the business affairs of health care professionals;
7revising compliance requirements for registration as a
8fiscal intermediary services organization; providing an
9effective date.
10
11Be It Enacted by the Legislature of the State of Florida:
12
13     Section 1.  Paragraph (b) of subsection (2) and subsection
14(6) of section 641.316, Florida Statutes, are amended to read:
15     641.316  Fiscal intermediary services.--
16     (2)
17     (b)  The term "fiscal intermediary services organization"
18means a person or entity that which performs fiduciary or fiscal
19intermediary services to health care professionals who contract
20with health maintenance organizations other than a fiscal
21intermediary services organization owned, operated, or
22controlled by a hospital licensed under chapter 395, an insurer
23licensed under chapter 624, a third-party administrator licensed
24under chapter 626, a prepaid limited health service organization
25licensed under chapter 636, a health maintenance organization
26licensed under this chapter, or a physician group practice
27practices as defined in s. 456.053(3)(h) which provides services
28under the scope of licenses of the members of the group
29practice.
30     (6)  Any fiscal intermediary services organization, other
31than a fiscal intermediary services organization owned,
32operated, or controlled by a hospital licensed under chapter
33395, an insurer licensed under chapter 624, a third-party
34administrator licensed under chapter 626, a prepaid limited
35health service organization licensed under chapter 636, a health
36maintenance organization licensed under this chapter, or a
37physician group practice practices as defined in s.
38456.053(3)(h) which provides services under the scope of
39licenses of the members of the group practice, must register
40with the office and meet the requirements of this section. In
41order to register as a fiscal intermediary services
42organization, the organization must comply with ss.
43641.21(1)(c), and (d), and (j), and 641.22(6), and 641.27. The
44fiscal intermediary services organization must also comply with
45the provisions of ss. 641.3155, 641.3156, and 641.51(4). Should
46the office determine that the fiscal intermediary services
47organization does not meet the requirements of this section, the
48registration shall be denied. If In the event that the
49registrant fails to maintain compliance with the provisions of
50this section, the office may revoke or suspend the registration.
51In lieu of revocation or suspension of the registration, the
52office may levy an administrative penalty in accordance with s.
53641.25.
54     Section 2.  This act shall take effect October 1, 2007.


CODING: Words stricken are deletions; words underlined are additions.