Senate Bill sb0666

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    Florida Senate - 2007                                   SB 666

    By Senator Fasano





    11-506-07

  1                      A bill to be entitled

  2         An act relating to fiscal intermediary services

  3         organizations; amending s. 641.316, F.S.;

  4         redefining the term "fiscal intermediary

  5         services organization" for purposes of

  6         provisions governing organizations that manage

  7         the business affairs of health care

  8         professionals; revising compliance requirements

  9         for registration as a fiscal intermediary

10         services organization; providing an effective

11         date.

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13  Be It Enacted by the Legislature of the State of Florida:

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15         Section 1.  Paragraph (b) of subsection (2) and

16  subsection (6) of section 641.316, Florida Statutes, are

17  amended to read:

18         641.316  Fiscal intermediary services.--

19         (2)

20         (b)  The term "fiscal intermediary services

21  organization" means a person or entity that which performs

22  fiduciary or fiscal intermediary services to health care

23  professionals who contract with health maintenance

24  organizations other than a fiscal intermediary services

25  organization owned, operated, or controlled by a hospital

26  licensed under chapter 395, an insurer licensed under chapter

27  624, a third-party administrator licensed under chapter 626, a

28  prepaid limited health service organization licensed under

29  chapter 636, a health maintenance organization licensed under

30  this chapter, or a physician group practice practices as

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    Florida Senate - 2007                                   SB 666
    11-506-07




 1  defined in s. 456.053(3)(h) which provides services under the

 2  scope of licenses of the members of the group practice.

 3         (6)  Any fiscal intermediary services organization,

 4  other than a fiscal intermediary services organization owned,

 5  operated, or controlled by a hospital licensed under chapter

 6  395, an insurer licensed under chapter 624, a third-party

 7  administrator licensed under chapter 626, a prepaid limited

 8  health service organization licensed under chapter 636, a

 9  health maintenance organization licensed under this chapter,

10  or a physician group practice practices as defined in s.

11  456.053(3)(h) which provides services under the scope of

12  licenses of the members of the group practice, must register

13  with the office and meet the requirements of this section. In

14  order to register as a fiscal intermediary services

15  organization, the organization must comply with ss.

16  641.21(1)(c), and (d), and (j), and 641.22(6), and 641.27. The

17  fiscal intermediary services organization must also comply

18  with the provisions of ss. 641.3155, 641.3156, and 641.51(4).

19  Should the office determine that the fiscal intermediary

20  services organization does not meet the requirements of this

21  section, the registration shall be denied. If In the event

22  that the registrant fails to maintain compliance with the

23  provisions of this section, the office may revoke or suspend

24  the registration. In lieu of revocation or suspension of the

25  registration, the office may levy an administrative penalty in

26  accordance with s. 641.25.

27         Section 2.  This act shall take effect October 1, 2007.

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    Florida Senate - 2007                                   SB 666
    11-506-07




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 2                          SENATE SUMMARY

 3    Redefines the term "fiscal intermediary services
      organization" for the purposes of provisions governing
 4    organizations that manage the business affairs of health
      care professionals. Revises compliance requirements for
 5    registration as a fiscal intermediary services
      organization.
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