SECTION 1. Chapter 111 of the General Laws is hereby amended after section 244 by adding the following section:
Section 255. (a) A provider of health care services owned by a private equity company as defined by section 1 of chapter 6D, and licensed by the department that has refused to negotiate in good faith to provide contracted services to a public or private payer shall not seek payment from that payer for a non-contracted service in excess of 200 percent of the payer’s average contracted reimbursement rate for that service.
(b) A violation of this section shall be an unfair or deceptive act or practice under chapter 93A.
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