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Minnesota committee lays over Healthcare Accountability Act to increase ownership transparency and curb corporate interference in care
Summary
The Health Finance Policy Committee heard testimony supporting House File 2779, which would require greater transparency around health system ownership and limit corporate interference in clinical decisions; the bill’s author's A1 amendment was adopted and the measure was laid over for possible omnibus inclusion.
Vice Chair Ryar introduced House File 2779, the Healthcare Accountability Act, saying it would increase transparency around ownership and financing of health systems and clarify prohibitions on corporate practice of medicine. The committee adopted an A1 author's amendment and laid the bill over for possible inclusion in an omnibus bill.
The bill's sponsor, Vice Chair Ryar, told the committee that recent consolidation among hospitals, clinics and insurers has increased prices without improving care and that private equity ownership has been associated in some studies with worse outcomes. "Corporate profit…
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