Nonprofit hospitals could be subject to investigations for anticompetitive conduct under a bipartisan House plan first shared with Axios. The nonprofits comprise nearly half of all facilities in the U.S. but fall outside the purview of the Federal Trade Commission. There’s been growing concern in Congress over secret contracting practices and other behavior that some lawmakers contend justifies more oversight. The bill from Reps. Victoria Spartz (R-Ind.) and Pramila Jayapal (D-Wash.) would expand antitrust enforcement to non-profit hospitals under the Federal Trade Commission Act, allowing the commission to investigate facilities’ anticompetitive behavior.
Read the full article: Bipartisan Bill Would Subject Nonprofit Hospitals to FTC //
Source: https://www.axios.com/2023/04/26/bipartisan-bill-would-subject-nonprofit-hospitals-to-ftc