Provides that, no later than forty-five days after the end of each calendar quarter, a hospital shall report to the department, for each procedure or drug selected under this act, and an ambulatory surgical center shall report to the department, for each procedure identified under this act, the following: (1) The frequency with which the hospital performed the procedure, or administered the drug in an inpatient setting, or the ambulatory surgical center performed the procedure during the quarter; and

(2) If the procedure was performed or the drug was administered during the quarter, the average and the median of the price charged by the hospital or ambulatory surgical center for the procedure or drug during the quarter.

Requires that, based on statewide data, the department shall identify, and update no less than annually: (1) The twenty-five most frequently performed hospital inpatient procedures;

(2) The twenty-five most frequently performed hospital outpatient procedures; and

(3) The fifty most frequently administered drugs in a hospital inpatient setting.

Authorizes the department to impose a civil penalty of not more than one thousand dollars for each knowing violation of this act.

Requires a hospital to provide to each patient within fourteen days following his or her discharge a written statement: (1) Clearly and concisely summarizing all the services provided to the patient while admitted to the hospital;

(2) Listing any payment due from the patient for these services; and

(3) Indicating for each service where payment is due the name of the facility or individual provider from whom the patient will receive a bill.

Takes effect January 1, 2007.