No Delay: Georgia Nonprofit Hospitals Must Disclose Financial Data Soon

The Georgia Hospital Association said Monday that it has provided feedback to nonprofit members “regarding an efficient manner in which to comply with the new laws while we await the promulgation of the official regulations.’’

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Georgia’s nonprofit hospitals will still have to disclose extensive financial data by Oct. 1, even though state regulations on this new requirement won’t be finished by then, state officials say.

A disclosure law, passed by the General Assembly early this year, requires reporting of executive compensation and the financial holdings of hospitals, among other information.

The state is still developing regulations on how the law will be implemented.