Iowa Code § 10A.725

Current through March 29, 2024
Section 10A.725 - Annual reports by hospitals, health care facilities
1. Each hospital and each health care facility shall annually, after the close of its fiscal year, file all of the following with the department:
a. A balance sheet detailing the assets, liabilities and net worth of the hospital or health care facility.
b. A statement of its income and expenses.
c. Such other reports of the costs incurred in rendering services as the department may prescribe.
2. Where more than one licensed hospital or health care facility is operated by the reporting organization, the information required by this section shall be reported separately for each licensed hospital or health care facility. The department shall require preparation of specified financial reports by a certified public accountant, and may require attestation of responsible officials of the reporting hospital or health care facility that the reports submitted are to the best of their knowledge and belief prepared in accordance with the prescribed methods of reporting. The department shall have the right to inspect the books, audits and records of any hospital or health care facility as reasonably necessary to verify reports submitted pursuant to this part.
3. In obtaining the reports required by this section, the department and other state agencies shall coordinate their reporting requirements.
4. All reports filed under this section, except privileged medical information, shall be open to public inspection.

Iowa Code § 10A.725

2013 Acts, ch 30, § 28; 2019 Acts, ch 24, § 104; 2023 Acts, ch 19, § 1443, 1608

Amended by 2023 Iowa, ch 19, s 1608, eff. 7/1/2023.
Renumbered from Iowa Code s 135.75 by 2023 Iowa, ch 19, s 1443, eff. 7/1/2023.
Amended by 2013 Iowa, ch 30, s 28 eff. 7/1/2013.
C79, 81, § 135.75.

Referred to in §10A.727

Section transferred from §135.75 in Code 2024 pursuant to directive in 2023 Acts, ch 19, § 1443

Subsection 2 amended