Bill > SF4392

This bill aims to prohibit private equity companies and real estate investment trusts from acquiring or increasing their ownership, operational, or financial control over providers of healthcare services in Minnesota after August 1, 2024. The key provisions include defining terms like "indirect ownership interest," "operational control," and "provider," and establishing a moratorium on such acquisitions or increased control by these entities. The bill proposes adding a new section, [62J.96], to Minnesota Statutes to implement these restrictions.