Rhode Island § 23-17-10.2 § 23-17-10.2. Full financial disclosure by hospitals and freestanding emergency-care facilities.

Rhode Island Statutes

§ 23-17-10.2 — § 23-17-10.2. Full financial disclosure by hospitals and freestanding emergency-care facilities.

Rhode Island § 23-17-10.2

Title 23Health and Safety

Ch. 23-17Licensing of Healthcare Facilities

This text of Rhode Island § 23-17-10.2 (§ 23-17-10.2. Full financial disclosure by hospitals and freestanding emergency-care facilities.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 23-17-10.2 (2026).

Text

§ 23-17-10.2. Full financial disclosure by hospitals and freestanding emergency-care facilities.
Any hospital or freestanding emergency-care facility licensed under this chapter,
            other than state-operated hospitals, shall annually submit to the director of the
            department of health:
         
(a) Public audited financial statements containing information concerning all hospital-related
            or freestanding emergency-care facility-related corporations, holding corporations,
            and subsidiary corporations, whether for-profit or not-for-profit. Any corporation,
            holding corporation, or subsidiary corporation, whether for-profit or not-

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§ 23-17-10.2. Full financial disclosure by hospitals and freestanding emergency-care facilities.

Any hospital or freestanding emergency-care facility licensed under this chapter, other than state-operated hospitals, shall annually submit to the director of the department of health:

(a) Public audited financial statements containing information concerning all hospital-related or freestanding emergency-care facility-related corporations, holding corporations, and subsidiary corporations, whether for-profit or not-for-profit. Any corporation, holding corporation, or subsidiary corporation, whether for-profit or not-for-profit, which is not audited by an independent public auditor due to limited activity or small size, shall submit a financial statement certified by the chief executive officer of that corporation.

(b) Any hospital or freestanding emergency-care facility licensed under this chapter, other than state-operated hospitals, shall on or before January 1, 2014, and annually thereafter, submit a summary of financial information contained in accordance with the following:

(1) Not-for-profit hospitals shall submit a summary of the information contained in section 501(c), 527, or 4947(a)(1) of the internal revenue code 990 form, including:

(i) Its statement of financial position;

(ii) The verified total costs incurred by the hospital or freestanding emergency-care facility in providing health services;

(iii) Total payroll including fringe benefits, and any other remuneration of the top five (5) highest compensated employees and/or contractors, identified by position description and specialty;

(iv) The verified net costs of medical education; and

(v) Administrative expenses; as defined by the director of the department of health.

(2) For-profit hospitals and freestanding emergency-care facilities shall submit the information listed in (b)(1) of this section in a form approved by the department of health.

(c) All information provided shall be made available to the health care planning and accountability advisory council, as established in § 23-81-4, and shall be made available to the public for inspection.