Take Back Our Hospitals Act of 2026

This bill, titled the Take Back Our Hospitals Act of 2026, would prohibit Medicare from paying hospitals and skilled nursing facilities owned or controlled by private equity funds, real estate investment trusts, or corporations owned by private equity funds. The law defines ownership control as holding 10 percent or more of voting securities and includes provisions for a three-year transition period for existing facilities before the ban takes full effect. Facilities found in violation would face penalties, and the owning firms would be held jointly and severally liable for those penalties. The measure aims to restrict investment by specific financial entities in healthcare facilities that receive Medicare funding.