Requires the commissioner of health to conduct a study considering banning private equity ownership in hospice care and to report the results of such study to the governor and the legislature.
STATE OF NEW YORK
________________________________________________________________________
3962
2025-2026 Regular Sessions
IN ASSEMBLY
January 30, 2025
___________
Introduced by M. of A. FORREST -- read once and referred to the Commit-
tee on Health
AN ACT to amend the public health law, in relation to requiring the
commissioner of health to conduct a study on banning private equity
ownership in hospice care
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The public health law is amended by adding a new section
2 4016 to read as follows:
3 § 4016. Study on private equity ownership in hospice care. 1. The
4 commissioner, in consultation with the superintendent of financial
5 services, shall conduct a study considering banning private equity
6 ownership in hospice care in the state.
7 2. Not later than February first, two thousand twenty-seven, the
8 commissioner shall submit a report on the results of such study to the
9 assembly, the senate, and the governor and make such report publicly
10 available on the department's website.
11 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD07360-01-5
