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Bill > SB00261


CT SB00261

An Act Limiting The Ability Of Private Equity Firms To Purchase Health Care Facilities.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead

Introduced Session

2025 General Assembly

Bill Summary

To limit the ability for private equity firms to purchase medical care facilities and further protect health care clinicians from the corporate practice of medicine.

AI Summary

This bill seeks to impose restrictions on private equity firms' involvement in healthcare facilities, aiming to protect healthcare clinicians' professional autonomy and prevent potential corporate interference in medical decision-making. Specifically, the bill would limit private equity firms' ability to purchase, operate, or hold a controlling interest in hospitals by introducing two key provisions: first, restricting their ability to buy hospital property and then lease it back to the hospital for a fee, which could potentially create financial burdens; and second, preventing healthcare facilities, providers, and organizations from directly or indirectly influencing, controlling, or directing the professional judgment and clinical decisions of healthcare clinicians who have independent practice authority. The underlying purpose is to address concerns about the corporatization of healthcare, ensuring that medical professionals can make clinical decisions based on patient needs rather than corporate financial interests, and protecting the independence of healthcare providers from potential profit-driven interventions by private equity firms.

Committee Categories

Health and Social Services

Sponsors (2)

Last Action

Referred to Joint Committee on Public Health (on 01/08/2025)

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