Rhode Island S2950 mandates private equity companies or REITs investing in healthcare providers to submit a notice and deposit a bond with the.

Rhode Island S2950 requires private equity companies or real estate investment trusts (REIT) investing in healthcare providers or provider-sponsored organizations to submit a notice of material change to the Attorney General and deposit a bond with the Department of Health. The bond amount equals one year of the provider's or PSO's average operating expenses plus the estimated cost of hiring an independent supervisor. The bond must be maintained for the duration of ownership or control and for seven years thereafter.

Rhode Island S2950 mandates private equity companies or REITs investing in healthcare providers to submit a notice and deposit a bond with the.

Rhode Island S2950 requires private equity companies or real estate investment trusts (REIT) investing in healthcare providers or provider-sponsored organizations to submit a notice of material change to the Attorney General and deposit a bond with the Department of Health. The bond amount equals one year of the provider's or PSO's average operating expenses plus the estimated cost of hiring an independent supervisor. The bond must be maintained for the duration of ownership or control and for seven years thereafter.