Preserving Competition in Healthcare Act.
SB 532, the "Preserving Competition in Healthcare Act," requires hospitals in North Carolina to notify state auditors, the attorney general, and the state treasurer before selling or merging more than half their assets (valued at $5 million or more). This applies to hospital entities and their potential buyers, such as larger healthcare systems, aiming to prevent anti-competitive consolidation. The state agencies must review these transactions within 60 days (extendable by 30 days) to decide whether to approve them or object. Routine transactions not affecting competition can be exempted through a written waiver from the three state officials.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 25, 2025
Last action Mar 26, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Filed
→
Edition 1
·
3 edits
MINOR
The bill underwent significant formatting and structural changes during its initial filing to first edition. The header information was updated with a new bill number (S532-v-1) and session details, while the reference to the Rules and Operations of the Senate was added with a specific date. The most substantive change involves the addition of a new section regarding timelines and processes for decisions to object or take no action on proposed transactions, which was previously missing.
Scope change
The bill's scope appears to expand with the addition of new procedural requirements for transaction review, specifically establishing a timeline and process for decision-making regarding objections to proposed transactions.
TIMELINE
New section 131E-214.26 was added to establish a timeline and process for decisions to object or take no action on proposed transactions, including provisions for parties to provide information.
TECHNICAL
Bill header was updated with new bill number S532-v-1 and added Senate referral information to Rules and Operations of the Senate dated March 26, 2025.
Original filing information including the DRS35190-MGfy-28A reference number and unassigned referral section were removed during the transition from filed to edition 1.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Mar 26, 2025
Committee
Ref To Com On Rules and Operations of the Senate
upper
Mar 25, 2025
Introduced
Filed
upper
2 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jim Burgin
RRepublican
P
Julie Mayfield
DDemocratic
Co
Kevin Corbin
RRepublican
Co
Lisa Grafstein
DDemocratic
Co
Woodson Bradley
DDemocratic
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