A newly enacted state law places an explicit, first-in-the-nation block on hospital sale-leasebacks—a tactic critics and legislators describe as a key vehicle for private equity funds to extract funds and bankrupt the health systems they controlled. On May 27, Connecticut Governor Ned Lamont signed into law a bill with several new restrictions on private equity’s influence on hospitals and healthcare providers. Senate Bill 196 outlines requirements, effective Feb. 15, 2027, for hospitals to attest that private equity has no controlling interest in the facility, no governance control or authority over the hospital’s various operations, and no mandates requiring the hospital to adopt policies that interfere with clinician decision-making.
Read the full article: New Connecticut Private Equity Law Bans Hospital Sale-Leasebacks //
Source: https://www.fiercehealthcare.com/providers/new-connecticut-private-equity-law-bans-hospital-sale-leasebacks