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Committee hears SB 351, a targeted effort to strengthen enforcement against private equity influence in medical and dental practices
Summary
Senators heard SB 351, which would authorize the Attorney General to enforce limits on private‑equity and hedge‑fund influence in medical and dental practices where commercial arrangements threaten clinical independence.
Senator Kimball presented SB 351 as a response to rapid growth in private‑equity and hedge‑fund transactions in health care and dental practices. The bill, as discussed in committee, would strengthen enforcement of existing corporate practice of medicine and dentistry protections by giving the state Attorney General authority to act when commercial arrangements interfere with licensed clinicians’ decision‑making.
Senator Kimball said private‑equity deals in health care have surged in recent years and that transactions for medical and dental practices have become faster and shorter in duration.…
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