Massachusetts Takes Lead in Regulating Private Equity in Healthcare with Landmark Law
In response to the Steward collapse, a new state law in Massachusetts is paving the way for stricter regulations on private equity firms in healthcare. This first-in-the-nation legislation prohibits hospitals from selling their primary campus to outside investors, ensuring greater financial oversight and transparency. The law aims to protect patients and healthcare providers from the risks associated with private equity investments, promoting a more stable and accountable healthcare system. With this move, Massachusetts is setting a precedent for healthcare reform and private equity regulation, prioritizing patient care and financial stability. Key aspects of the law include increased financial oversight of investors in healthcare providers.
