Health Policy Commission flags private-equity notices, opens multiple market reviews
HPC staff reported 14 new material change notices in 2025 (including three involving private equity) and outlined ongoing reviews of several transactions — from hospital-system mergers to clinic affiliations — while noting limited evidence of near-term cost impacts in several closed preliminary reviews.
The full story
The Health Policy Commission reported increased market oversight activity in 2025, including 14 new material change notices and three transactions involving private equity. Kate, the commission's market oversight lead, told commissioners the agency has reviewed 198 market changes since 2013 and is actively reviewing several transactions that could affect local capacity and market functioning.
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