Massachusetts Governor Maura Healey Signs Law Increasing Oversight of Private Equity in Healthcare for Nine Hospitals on January 8, 2025

Jan 9, 2025, 02:48 PM

Massachusetts Governor Maura Healey has enacted a new law aimed at enhancing oversight of private equity firms that invest in healthcare. This legislation, signed on January 8, 2025, responds to concerns raised by the controversial ownership of nine hospitals in the state, which highlighted risks to patient care. The law introduces new reporting requirements for private equity operators and increases penalties for non-compliance. Additionally, it implements restrictions on certain financial practices, including a de facto ban on sale-leaseback arrangements for acute care hospitals. This move signifies a shift in regulatory approach to ensure better healthcare standards in the state.