HB 3574

Abstract

Prohibits professional corporation organized for purpose of practicing medicine from removing director or officer by means other than majority vote of directors or officers, as appropriate, who are licensed to practice medicine in this state. Provides that limited liability company that is organized for purpose of practicing medicine or for purpose of holding or owning majority of shares of professional corporation that is organized for purpose of practicing medicine must, in limited liability company's ownership, control and management and qualifications of limited liability company's members, directors and officers, meet requirements that apply to professional corporation that is organized for purpose of practicing medicine. Prohibits noncompetition agreements for physicians licensed to practice medicine in this state unless physician executes agreement as part of sale of 25 percent or more of medical practice. Prohibits hospital or management service organization from taking disciplinary action against physician licensed to practice medicine in this state for physician's violation of noncompetitive agreement, nondisclosure agreement or nondisparagement agreement or for disclosing or reporting information that physician in good faith believes is violation of federal or state law, rules or regulations. Requires hospital and professional corporation organized for purpose of practicing medicine to report certain information concerning ownership of hospital or professional corporation to Oregon Health Authority and requires authority to make information publicly available. Takes effect on 91st day following adjournment sine die.