Corporate Crimes Against Health Care Act
This bill introduces strict penalties for investment firms whose practices harm patients or lead to the financial collapse of healthcare facilities. It aims to protect medical staff and patients from the negative impacts of corporate profit-seeking in the health sector.
Key points
Prison sentences of 1 to 6 years for executives whose actions contribute to patient death or injury.
Authority to claw back bonuses and salaries from the past 10 years if a healthcare firm goes bankrupt or closes.
Recovered funds will prioritize covering employee salary shortfalls and supporting local community health needs.
Mandatory annual reporting of ownership, debt levels, and investor fees for hospitals and clinics.
Restrictions on selling healthcare assets to real estate investment trusts to maintain federal funding eligibility.
Status:
Introduced
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