Massachusetts Passes Crucial Bill to Regulate Private Equity in Healthcare
HealthLeaders
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Contributed by: Kate Gamble
Summary
Massachusetts lawmakers have passed a hospital oversight bill aimed at enhancing regulatory scrutiny of private equity firms in healthcare, reflecting concerns over their impact on patient care. The legislation, sent to Governor Maura Healey, increases authority for state health regulators and the Attorney General to oversee transactions involving private equity and related organizations, promoting transparency and compliance. It also establishes stricter penalties for non-compliance, intending to ensure that healthcare entities provide the necessary information for effective oversight and accountability.
