S.Amdt. 2397

This amendment requires certain health-related entities to submit mandatory annual reports regarding their ownership information, business structures, and financial details to the Secretary of Health and Human Services. It aims to increase transparency by making this reported information publicly available on a website while keeping individual providers' personal information private.

To hold these entities accountable, the amendment directs the Secretary to conduct annual audits to check for compliance and accuracy. If an entity fails to report or submits false information, it faces a civil monetary penalty of up to $5,000,000 for each violation.