Health Access California: Legislation to Stop Harmful Private Equity Health Care Takeovers Passes CA Assembly
May 22, 2024
May 22, 2024
SACRAMENTO, California, May 22 -- The Health Access California issued the following news release:
To oversee the increasing concern of private equity firms taking over health care providers, the California State Assembly voted to pass AB 3129 by Assembly Speaker Pro Tem Jim Wood. The bill gives the state's Attorney General the power to review private equity acquisitions to ensure it is in the best interest of consumers and protects access to affordable and quality health care.
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To oversee the increasing concern of private equity firms taking over health care providers, the California State Assembly voted to pass AB 3129 by Assembly Speaker Pro Tem Jim Wood. The bill gives the state's Attorney General the power to review private equity acquisitions to ensure it is in the best interest of consumers and protects access to affordable and quality health care.
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