AN ACT LIMITING THE ABILITY OF PRIVATE EQUITY FIRMS TO PURCHASE HEALTH CARE FACILITIES.

SB 261, a proposed bill (LCO No. 952), restricts private equity firms from purchasing, operating, or gaining controlling ownership of hospitals. It specifically prohibits private equity firms from leasing property back to hospitals after buying land rights and bans healthcare facilities from interfering with clinicians' independent medical decisions. The bill directly affects private equity firms seeking healthcare acquisitions, hospitals, and healthcare clinicians with independent practice authority. Its key provisions aim to limit corporate influence over healthcare operations and protect clinical judgment from corporate control.