MEDICAL CORPORATION ACCOUNTABILITY ACT

HB 552, the Medical Corporation Accountability Act, requires hospitals receiving local or state funding to disclose their ownership structures - including whether private equity or hedge funds own them - as well as health care provider salary ranges and CEO compensation. The Health Care Authority must then compile and report this information to the legislature annually starting in 2026. The bill also prohibits private equity funds and hedge funds from interfering with health care providers' professional decisions, such as treatment choices, staffing, or billing practices. This legislation aims to increase transparency around hospital ownership and protect clinical judgment from corporate influence.