summary
Introduced
01/06/2026
01/06/2026
In Committee
03/25/2026
03/25/2026
Crossed Over
03/20/2026
03/20/2026
Passed
Dead
Introduced Session
2025-2026 Session
Bill Summary
This bill proposes to prohibit certain financial transactions involving health care entities. It would also prohibit corporations from practicing medicine or otherwise interfering with health care providers’ professional judgment and clinical decision making. The bill would deem violations of these prohibitions to be violations of the Consumer Protection Act. The bill would also require public reporting on ownership and control of certain health care entities.
AI Summary
This bill aims to protect patients' access to quality healthcare by preventing financial entities like private equity groups and hedge funds from interfering with medical decisions made by healthcare providers. It prohibits these entities from influencing or controlling clinical judgment, such as determining patient care plans, treatment options, or staffing levels, and also restricts them from dictating pricing or billing practices. The bill also mandates that certain healthcare entities, including those with private equity or hedge fund ownership, must publicly report their ownership and control structures to the Green Mountain Care Board, with specific exemptions for entities like nursing homes and healthcare staffing companies, and establishes penalties for non-compliance or misrepresentation, all to enhance transparency in healthcare ownership and operations.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (2)
Last Action
Senate Committee on Health and Welfare Hearing (08:30:00 5/1/2026 Room 17) (on 05/01/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
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