North Carolina S532 regulates hospital consolidations to preserve healthcare competition.

North Carolina S532, the Preserving Competition in Healthcare Act, mandates that hospital entities notify the State Auditor, Attorney General, and State Treasurer before entering into transactions involving significant asset transfers or governance changes. The bill outlines criteria for reviewing such transactions, including potential impacts on healthcare costs, availability, and quality. The State Auditor, Attorney General, and State Treasurer can object to transactions, seek injunctive relief, and impose fees.

North Carolina S532 regulates hospital consolidations to preserve healthcare competition.

North Carolina S532, the Preserving Competition in Healthcare Act, mandates that hospital entities notify the State Auditor, Attorney General, and State Treasurer before entering into transactions involving significant asset transfers or governance changes. The bill outlines criteria for reviewing such transactions, including potential impacts on healthcare costs, availability, and quality. The State Auditor, Attorney General, and State Treasurer can object to transactions, seek injunctive relief, and impose fees.