New State Law Targets Private Equity Firms in Healthcare After Steward Collapse
2025-01-20
The Boston Globe
In a groundbreaking move, the state has introduced first-in-the-nation legislation to regulate private equity firms in healthcare. The new law prohibits hospitals from selling their primary campus to outside investors, ensuring greater financial transparency and oversight. This move aims to prevent healthcare providers from being compromised by profit-driven investors, promoting a more patient-centric approach. By establishing financial oversight of investors, the law seeks to safeguard the quality of healthcare services. This legislation is a significant step towards addressing concerns around private equity in healthcare, healthcare investing, and hospital management.
