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Increased Transparency in Healthcare Ownership and Private Equity's Role.

This bill aims to increase transparency in the healthcare sector, especially regarding firms owned by private equity funds. This will give citizens better insight into who truly controls medical facilities and how their actions affect service quality, prices, and staff working conditions. The changes are intended to help assess whether healthcare consolidation benefits patients.
Key points
Healthcare firms, especially those controlled by private equity funds, will be required to disclose detailed information about their ownership structure, debt, and financial transactions.
A special task force will be established to study the impact of private equity funds and consolidation on healthcare quality, costs, and working conditions.
The government will regularly analyze data to assess whether healthcare consolidation is beneficial for patients and employees, and may prohibit acquisitions by private equity funds if necessary.
Failure to disclose required information may result in exclusion from the Medicare program, meaning the firm cannot provide services to individuals covered by this insurance.
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Expired
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Additional Information
Print number: 118_HR_1754
Sponsor: Rep. Jayapal, Pramila [D-WA-7]
Process start date: 2023-03-23
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Healthcare Ownership Transparency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_1754.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-03-23.

What are the main provisions?

Key points include:

  • Healthcare firms, especially those controlled by private equity funds, will be required to disclose detailed information about their ownership structure, debt, and financial transactions.
  • A special task force will be established to study the impact of private equity funds and consolidation on healthcare quality, costs, and working conditions.
  • The government will regularly analyze data to assess whether healthcare consolidation is beneficial for patients and employees, and may prohibit acquisitions by private equity funds if necessary.
  • Failure to disclose required information may result in exclusion from the Medicare program, meaning the firm cannot provide services to individuals covered by this insurance.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Jayapal, Pramila [D-WA-7].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Health.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Health