The California State Capitol Building in Sacramento. Photo: Jason Doiy/ALM
California lawmakers seem to be narrowing their effort to limit private equity investors' ability to buy health care providers.
Members of the California Assembly Appropriations Committee voted 4-2 Aug. 15 to approve an amended version of a health care acquisition bill. The bill would give the California attorney general the ability to slow or block efforts by private equity groups and hedge funds to acquire health care facilities, health care providers or provider groups.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
