Massachusetts Passes Landmark Law to Regulate Private Equity in Healthcare
In response to the Steward collapse, Massachusetts has enacted a groundbreaking law that restricts hospitals from selling their main campuses to outside investors. This first-in-the-nation legislation also establishes robust financial oversight of investors in healthcare providers, ensuring greater transparency and accountability in the industry. The new law aims to protect patients and promote stability in the healthcare system, while also addressing concerns around private equity firms' involvement in healthcare. With this move, Massachusetts is taking a significant step towards regulating private equity in healthcare and setting a precedent for other states to follow. The law's impact on healthcare investing and private equity firms is expected to be substantial.
