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Senate committee narrows AB 1415 to add private equity and MSO reporting to Office of Healthcare Affordability
Summary
AB 1415 was advanced by the Senate Committee on Health in amended form to require OCA to collect data from private equity, hedge funds and management‑services organizations involved in health‑care transactions; the bill’s amendments exclude health systems from cost‑targeting.
Assembly Bill 1415: The Senate Committee on Health considered AB 1415, a bill the author described as focused on affordability and transparency in health care. The amended measure removes health systems from cost‑targeting and instead gives the Office of Healthcare Affordability (OCA) authority to collect information from private equity, hedge funds and management‑services organizations (MSOs) involved in health‑care transactions so OCA can better assess impacts on cost and access.
Why it matters: The sponsor told the committee private‑equity acquisitions comprised roughly $4.31 billion of healthcare deals in…
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