An Act To Implement Certain Changes In The Certificate Of Need Laws Recommended By The Commission To Evaluate The Scope Of Regulatory Review And Oversight Over Health Care Transactions That Impact The Delivery Of Health Care Services In The State

Maine bill LD 2190 amends the state's Certificate of Need laws to require that new health care projects do not negatively affect the affordability and accessibility of services for all residents. The legislation specifically targets changes in ownership or operational control of health care facilities involving private equity companies or real estate investment trusts, mandating a detailed analysis of how such ownership structures impact the applicant's ability to meet regulatory conditions. To conduct this review, the Department of Health and Human Services must hire a consultant paid for by the applicant to investigate the prior activities and conduct of the involved financial entities, with the option to consult the Attorney General.