Private Equity: Proposed Health Over Wealth Act - What this means for you

Private Equity: Proposed Health Over Wealth Act - What this means for you 
JD Supra, by Roger Strode; 4/11/24 
On April 3, 2024, Senators Edward Markey ... and Elizabeth Warren ... chaired a Senate Health, Education, Labor, and Pensions (HELP) Subcommittee ... titled, When Health Care Becomes Wealth Care: How Corporate Greed Puts Patient Care and Health Workers at Risk. As part of the hearing process, Senator Markey released his new legislative agenda that calls for transparency and accountability for private equity (PE) in health care. ... The bill would require PE-backed or other for-profit owned providers (those providing services covered by Medicare under 42 U.S.C. Section 1395d) such as hospitals, hospice, nursing homes, and certain other facilities, to annually report to HHS on all manner of things including, but not limited to ... [click on the title's link for the list].