AN ACT CONCERNING THE REGULATION OF PRIVATE EQUITY OWNERSHIP OF HOSPITALS, RADIOLOGY GROUPS AND DRUG REHABILITATION FACILITIES.

This bill would regulate private equity ownership of hospitals, radiology groups, and drug rehabilitation facilities. It expands the authority of the Attorney General and Commissioner of Health Strategy to oversee these ownership structures and restricts self-dealing property transactions involving such facilities. The key provisions require regulatory oversight of private equity ownership in specific healthcare sectors and limit certain financial transactions that could create conflicts of interest. The bill directly affects healthcare facilities owned by private equity firms and the state agencies managing these regulations.