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US HR1754

US HR1754
Healthcare Ownership Transparency Act


summary

Introduced
03/23/2023
In Committee
05/09/2023
Crossed Over
Passed
Dead
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)

Last Action

Referred to the Subcommittee on Health. (on 05/09/2023)

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