California Bill Would Require State Review of Private Equity Deals in Health Care

A bill pending in California’s legislature to ratchet up oversight of private equity investments in health care is receiving enthusiastic backing from consumer advocates, labor unions, and the California Medical Association, but drawing heavy fire from hospitals concerned about losing a potential funding source. Other states and Congress are doing the same. https://kffhealthnews.org/news/article/california-bill-legislation-attorney-general-private-equity-health-care-deals/