SECTION 1. Section 12 of chapter 6D of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by striking out paragraph (a) and inserting in place thereof the following paragraph:--

(a) No provider or provider organization may negotiate network contracts with any carrier or third-party administrator except for a provider or provider organizations which (1) are registered under this chapter and regulations promulgated under this chapter, and (2) have a percentage of gross patient service revenues from public health care payers that is equal to the median percentage of gross patient service revenues from public health care payers of the acute hospitals in the provider or provider organization’s primary service area; provided, however, that nothing in this chapter shall require a provider or provider organization with a patient panel of 15,000 or fewer or which represents providers who collectively receive, less than $25,000,000 in annual net patient service revenue from carriers or third-party administrators to be registered if such provider or provider is not a risk-bearing provider organization.