Implications of the SEC's final continuing disclosure rule
Jordon, R.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 50(3): 46-49
1996
ISSN/ISBN: 0735-0732 PMID: 10156586 Document Number: 467034
The Securities and Exchange Commission's (SEC's) final disclosure rule affects healthcare providers who have $10 million or more in bonds outstanding and providers that plan to be active in the bond market in the future. As managed care providers, HMOs come under the jurisdiction of the rule and are required to expand their reporting of financial information and operational data to include secondary market bond purchasers. The SEC's broadened disclosure rule significantly affects the financial reporting practices of healthcare providers involved in capitated contracting--especially the areas of contract reporting, confidentiality of information, and catastrophic case loss reporting.