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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