2020 New York Laws
PBH - Public Health
Article 28 - Hospitals
2805-A - Disclosure of Financial Transactions.

§  2805-a.  Disclosure  of  financial  transactions.  1. Every general
hospital operating under the provisions of this article shall file  with
the  commissioner of health within one hundred twenty days after the end
of its fiscal year a certified report showing  its  financial  condition
and   all   of   its  financial  transactions,  including  receipts  and
expenditures during the fiscal year.
  The report shall be in such  form  as  shall  disclose  all  financial
transactions  as  the  commissioner of health may determine necessary to
disclose accurately and specifically the  financial  condition  of  each
hospital  and  its expenditures for the preceding year including but not
limited to:
  (a) Its operations and accomplishments.
  (b) Its receipts and disbursements, or revenues and  expenses,  during
such  fiscal  year  in  accordance  with  generally  accepted accounting
principles by categories, clinical services and departments as set forth
under the by-laws of the institution and including but  not  limited  to
salaries  and  other  benefits,  personnel expenses, operating expenses,
equipment and supplies, and all other direct and indirect  disbursements
allocated to each department and clinical service.
  (c) Assets and liabilities at the end of its fiscal year including the
status  of reserves, depreciation, special or other funds, and including
the receipts and payments of these funds.
  (d)  Loans  and  investments,  interest,  rents   and   profits   from
investments of the hospital.
  (e) The location of any real property owned by the hospital.
  2. Every general hospital shall also submit:
  (a)  A  report  of  hospital  expenses  incurred in providing services
during the period covered by the reports required under this section for
which payment was not received and is not anticipated for  such  periods
for  which  pool  distributions pursuant to section twenty-eight hundred
seven-c or section twenty-eight hundred seven-k of this article are made
related to such expenses. The report shall be  completed  in  accordance
with   regulations   developed  by  the  council  and  approved  by  the
commissioner which shall include definitions for bad debts  and  charity
care. The report shall identify as bad debts or charity care the cost of
services  provided  to  emergency  inpatients, non-emergency inpatients,
emergency ambulatory patients, clinic patients and referred  or  private
ambulatory  patients for which the hospital did not receive and does not
anticipate payment.
  (b) A statement of anticipated capital related expenses as defined  in
subdivision  eight  of  section  twenty-eight  hundred  seven-c  of this
article for the forthcoming calendar year at least  one  hundred  twenty
days,  or such shorter period as the commissioner shall determine, prior
to the commencement of such year.  The  report  shall  be  completed  in
accordance  with  subdivision  eight  of  section  twenty-eight  hundred
seven-c of this article and any regulations adopted pursuant thereto.
  3. Every general hospital shall  submit  a  monthly  report  of  gross
inpatient  revenue received and within one hundred twenty days after the
end of the calendar year a certified annual report  of  gross  inpatient
revenue  received  for  hospital  inpatient service provided on or after
January  first,   nineteen   hundred   eighty-eight   through   December
thirty-first,  nineteen  hundred  ninety-nine  and  on and after January
first, two thousand. The reports  shall  be  in  such  form  as  may  be
prescribed  by  the  commissioner to accurately disclose gross inpatient
revenue received.
  4. The commissioner may, to effectuate the purpose  of  this  article,
vary the nature of the report required according to the size or capacity
of the hospital.

  The  contents  of  all  reports  submitted  hereunder  shall be public
information and such reports shall be available  for  public  inspection
under such conditions as the commissioner shall prescribe.
  The  commissioner  of  health  when he has reasonable cause to believe
that the books or  records  do  not  accurately  reflect  the  financial
condition and/or financial transactions of the hospital, may examine the
books  and records of the hospital, subpoena witnesses and documents and
make such other investigation as is necessary to enable him to determine
the facts relative thereto.