Sen. Murphy Introduces Bill to Ban Private Equity and Real Estate Trusts From Owning Medicare Hospitals
A senate committee must act next: committee consideration.
Companion bill: Rep. Scanlon Introduces Take Back Our Hospitals Act to Ban Private Equity From Medicare System →Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
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.”
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.
No votes or news coverage recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Take Back Our Hospitals Act of 2026
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