LCO No. 952 1 of 1 General Assembly Proposed Bill No. 261 January Session, 2025 LCO No. 952 Referred to Committee on PUBLIC HEALTH Introduced by: SEN. GORDON, 35th Dist. AN ACT LIMITING THE ABILITY OF PRIVATE EQUITY FIRMS TO PURCHASE HEALTH CARE FACILITIES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to impose restrictions on 1 private equity firms buying, operating or holding a controlling interest 2 in hospitals, including, but not limited to, (1) restrictions on the ability 3 of a private equity firm to lease the property back to the hospital for a 4 fee after purchasing the land rights, and (2) preventing health care 5 facilities, health care providers and health care provider organizations 6 from directly or indirectly interfering with, controlling or otherwise 7 directing the professional judgment or clinical decisions of health care 8 clinicians with independent practice authority. 9 Statement of Purpose: To limit the ability for private equity firms to purchase medical care facilities and further protect health care clinicians from the corporate practice of medicine.