summary
Introduced
03/23/2023
03/23/2023
In Committee
05/09/2023
05/09/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend title XI of the Social Security Act to provide for the disclosure and analysis of certain health-related ownership information.
AI Summary
This bill, the Healthcare Ownership Transparency Act, amends the Social Security Act to require certain healthcare providers and suppliers to disclose information about their ownership, including any involvement of private equity funds. The bill requires the disclosure of detailed financial information, such as debt levels, fees, and political spending, for healthcare entities owned by private equity funds as well as those not owned by private equity. The bill also directs the Government Accountability Office (GAO) to regularly analyze the information and issue reports on the impact of healthcare consolidation and private equity involvement. Additionally, the bill establishes a task force to study and provide recommendations on limiting the role of private equity in healthcare, and allows the Secretary of Health and Human Services to impose a temporary moratorium on private equity purchases of healthcare entities.
Committee Categories
Business and Industry, Health and Social Services
Sponsors (13)
Pramila Jayapal (D)*,
Jamaal Bowman (D),
Judy Chu (D),
Lloyd Doggett (D),
Maxwell Frost (D),
Chuy García (D),
Raúl Grijalva (D),
Andy Kim (D),
Chellie Pingree (D),
Mark Pocan (D),
Mary Gay Scanlon (D),
Adam Smith (D),
Jill Tokuda (D),
Last Action
Referred to the Subcommittee on Health. (on 05/09/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/1754/all-info |
| BillText | https://www.congress.gov/118/bills/hr1754/BILLS-118hr1754ih.pdf |
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