Democratic lawmakers seeking more information about private equity’s role in the healthcare sector have made little progress, as several bills have stalled in the face of opposition from Republicans and industry groups.
Some medical companies would be required to disclose ownership by private-equity and other financial firms under proposals advanced this year by Democratic lawmakers and regulators, who cited concerns about how private-equity investment in the medical sector affects patients and workers, The Wall Street Journal reports. But Republicans have resisted, with GOP lawmakers in the House of Representatives recently excluding a provision from the proposed Healthcare Price Transparency Act that would have forced healthcare companies to make public such ownership. Read more.
