Where healthcare private equity legislation has fallen short

Becker's Healthcare December 23, 2024
Francesca Mathewes

California and Massachusetts both attempted to pass legislation that would tighten regulations around private equity transactions in healthcare, but it is unlikely that either state will see the proposed bills become law before the end of 2024, Bloomberg reported Dec. 22.

Here are five things to know about the proposed legislation and where it stands now in each state:

1. In October, California Gov. Gavin Newsom vetoed a bill that would have allowed the state to block private equity deals for most healthcare facilities.

2. In Massachusetts, political appetite for increased regulation of private equity reached a peak after Dallas-based Steward Health Care, one of the largest...

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