HealthExec January 3, 2025
A bill in Massachusetts that would regulate private equity firms has reached the governor’s desk after passing the state House and Senate in 2024. If passed, the law would require investors to make certain financial disclosures, designed to improve regulatory oversight.
The bill, which was stripped of its title by the Senate Ways and Means Committee, is now officially referred to as “An Act enhancing the health care market review process.” Supporters argue that its provisions would prevent many of the corrupt business practices that led to the collapse of Steward Health Care, which filed for bankruptcy in May of last year.
Under the current terms of the bill, medical provider groups backed by private equity firms would be required...
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