California Bill Would Require State Review of Private Equity Deals in Health Care - KFF Health News
Source: KHN
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. The legislation, sponsored by Attorney General Rob Bonta, would require private equity groups and…
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