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Connecticut bill calls for more oversight of private equity in healthcare M&A
Becker's Healthcare March 22, 2024
A new Connecticut bill aims to bolster the state’s involvement in deals between private equity firms and healthcare facilities.
The bipartisan legislation, HB 5319, was introduced into the state’s General Assembly Feb. 28 by physician co-sponsors: Sen. Jeff Gordon, MD, a Republican, and Sen. Saud Anwar, MD, a Democrat. It calls for an act “requiring a plan concerning private equity firms acquiring or holding an ownership interest in healthcare facilities.”
The plan in question would include an assessment of whether a certificate of need should be required for a private equity firm to acquire an ownership interest in a healthcare facility. It would also explore the feasibility of other limitations that could be placed on these private equity...
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