AN ACT PROHIBITING A PRIVATE EQUITY FIRM FROM ACQUIRING, OWNING OR CONTROLLING A HEALTH CARE PROVIDER'S PRACTICE OR HEALTH CARE FACILITY AND REQUIRING THE DISCLOSURE OF A CHANGE IN OWNERSHIP OF SUCH A PRACTICE OR FACILITY.
This bill prohibits private equity firms from acquiring, owning, or controlling healthcare practices or facilities. It requires healthcare providers to disclose their ownership structure and any significant ownership changes to the Health Systems Planning Unit. The Attorney General is authorized to enforce these provisions. The goal is to prevent nonmedical entities from consolidating healthcare services, aiming to protect patient access to care.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2025
Last action Jan 24, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Jan 24, 2025
Committee
REF. TO JOINT COMM. ON Public Health
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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