Health Over Wealth Act aims to regulate for-profit corporations in healthcare, focusing on private equity's role and its impact on health care.

The Health Over Wealth Act seeks to address the influence of private equity in the healthcare sector by imposing regulations on for-profit corporations owning health care entities. The bill mandates the Department of Health and Human Services to establish a task force to monitor and limit private equity's role in healthcare, aiming to prevent disparities in health outcomes. It also requires hospitals to notify the Secretary of Health and Human Services 90 days prior to discontinuing services or closing, with specific provisions for catastrophic events.

Health Over Wealth Act aims to regulate for-profit corporations in healthcare, focusing on private equity's role and its impact on health care.

The Health Over Wealth Act seeks to address the influence of private equity in the healthcare sector by imposing regulations on for-profit corporations owning health care entities. The bill mandates the Department of Health and Human Services to establish a task force to monitor and limit private equity's role in healthcare, aiming to prevent disparities in health outcomes. It also requires hospitals to notify the Secretary of Health and Human Services 90 days prior to discontinuing services or closing, with specific provisions for catastrophic events.