CT Lawmakers Advance PE Curbs in Healthcare
Key Questions
What do SB 196 and HB 5045 propose regarding private equity in Connecticut healthcare?
SB 196 bans private equity majority stakes and sale-leasebacks in hospitals. HB 5045 tightens certificate of need (CON) requirements for PE deals.
Why are Connecticut lawmakers pushing to curb private equity in healthcare?
This is the third-year effort following the fallout from private equity ownership of three Connecticut hospitals, including the Prospect bankruptcy. The push occurs amid national scrutiny on PE control of hospitals.
What is the current status of these PE regulation bills in Connecticut?
The bills are advancing, with potential passage in the House. They represent ongoing legislative attempts to address PE impacts in healthcare.
SB 196 bans PE majority stakes and sale-leasebacks in hospitals; HB 5045 tightens CON for PE deals, third-year push post-Prospect bankruptcy. Potential House passage amid national scrutiny on PE hospital control.