Take Back Our Hospitals Act of 2026
Sen. Murphy Introduces Bill to Ban Private Equity and Real Estate Trusts From Owning Medicare Hospitals
Legislative Progress
Key Points
Impact Analysis
Personal Impact
Life & Work
Small healthcare businesses that have accepted private equity investment — even minority stakes of 10% or more — could lose access to Medicare payments, which are often critical to their revenue. This would force many to restructure their ownership or find alternative financing, potentially at a financial loss.
“A person shall be considered to control an entity if such person directly or indirectly owns, has rights over, or holds with the power to vote, 10 percent or more of the voting securities of such entity.”
Programs
Disabilities
Milestones
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
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Source Information
Document Type
Congressional Bill
Official Title
Take Back Our Hospitals Act of 2026
Data Sources
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(2)Analysis generated by AI. Always verify with official sources.