The Changing For-Profit Footprint

The presence of private investors in health care is getting legislative attention.;Amid concerns about the profit motive’s effect on access, quality, and the cost of care, some California legislators are seeking to regulate these investments (see;The Rising Danger Of Private Equity In Healthcare;and;What Happens When Private Equity Takes Over Hospitals). Under AB 3129, the Attorney General would have the ability to control private equity (PE) group or hedge fund acquisitions of long-term care or other health care facilities, impose additional quality or safety conditions - or deny deals (see;Legislation . . .