State Efforts to Tackle Private Equity in Health Care Fall Short

A wave of public outrage over health-care bankruptcies has sparked calls for tougher regulations on private equity firms in the industry. People are frustrated, especially after major hospital chains, like Steward Health Care in Massachusetts, filed for bankruptcy. These bankruptcies have prompted lawmakers across the U.S. to propose new laws to curb private equity deals in healthcare. But so far, many of these efforts are falling flat.

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